17. If a stock's most recent dividend that was just paid out was $2.75 (i.e., Do =$2.75 ), the current price of the stock (P)=$75. The stock's expected rate of return is 15%. Which of the following is closest to the expected long-term constant growth rate? - a) 11.79% b) 11.33% -c) 10.24% - d) 9.72% - e) 12.45%