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25 25. Chapter MC, Section 09. Problem 050 Algo A share of common stock just paid a dividend of $2.50. If the expected long-run growth

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25. Chapter MC, Section 09. Problem 050 Algo A share of common stock just paid a dividend of $2.50. If the expected long-run growth rate for this stock is 5,4%, and it investors' required rate of return is 15.4%, then what is the stock price? a. $25.00 b. $26.35 c. $12.67 d. $17.11 Oe. $28.85

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