HOW MUCH SHOULD YOU PAY FOR A STOCK PER SHARE THAT OFFERS A CONSTA...

27. How much should you pay for a stock per share that offers a constant growth rate of 10% for dividends, requires a 16% rate of return, and is expected to sell for $50 one year from now? A) $43.10. B) $45.00. C) $45.45. D) $47.17.