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32 Winnimar Inc. just paid a dividend of $6 95 on its common stock at the end of last year. You expect dividends per share
32 Winnimar Inc. just paid a dividend of $6 95 on its common stock at the end of last year. You expect dividends per share next year will he $6.17 and $6.47 the year after that You believe you can sell the stock in two years for $107.29 If your required rate of return on this stock is l8%, how much are you willing to pay for the stock today? a. $103.57 b. $95 03 c. 58693 d577.13
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