WHAT IS THE EXPECTED CONSTANT GROWTH RATE OF DIVIDENDS FOR A STOCK...

16. What is the expected constant growth rate of dividends for a stock currently

priced at $50, that just paid a dividend of $4, and has a required rate of return of

18 percent?

A) 3.41 percent

B) 5.50 percent

C) 9.26 percent

D) 12.50 percent