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#10 Dunder-Mifflin just paid a dividend of $2.30 that is expected to grow at 3.2% and has a beta of 1. If the risk free

#10 Dunder-Mifflin just paid a dividend of $2.30 that is expected to grow at 3.2% and has a beta of 1. If the risk free rate is 3% and the market risk premium is 6%, what should be the price of the stock?

  • A. $40.92

  • B. $46.42

  • C. $47.90

  • D. $39.66

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