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(11 of 21) Suppose you are considering buying a stock. The stock pays a dividend of $2 per year with the next divider due

(11 of 21) Suppose you are considering buying a stock. The stock pays a dividend of $2 per year with the next divider due one year from today. Using the CAPM, you estimate your required return at 8% to compensate you for risk of this stock's cash flows. What is the maximum price you are willing to pay for a share of the stock? LO3 $35 $30 $20 $25 Note: Clicking any but

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