. bolthouse farms paid a quarterly dividend of alt=” src=”http://questions.transtutors.com/Transtutors004/Images/Transtutors004_d4274d55-f409-4f13-a7c6-e11fa3f48a75.png”>Show transcribed image text 2. Bolthouse Farms paid a quarterly dividend of $0.50 recently. Treasury bills are yielding 2%, and the market risk premium is currently 6%. Bolthouse Farms is a stable company. The return on its stock responds to changes in the political and economic environment only about 80% as vigorously as that of the average stock. Analysts expect the firm to grow at an annual rate of 4.5% into the indefinite future. Calculate a reasonable price that investors should be willing to pay for Whole Foods stock.