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1 Next week, common stockholders of PepsiCo (ticker symbol: PEP) will receive an annual dividend of $2.82 per share. This year, PEP paid a dividend

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1 Next week, common stockholders of PepsiCo (ticker symbol: PEP) will receive an annual dividend of $2.82 per share. This year, PEP paid a dividend of $2.70 a share. If dividends are growing at a constant rate and investors require a return of 9.0%, how much will one share of PEP cost 11 years from today? 02:27:21 Multiple Choice eBook $92.33 O O O $95.62 U O $125.49 O $99.87 O $108.02

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