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$35.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.50% per year.

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$35.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.50% per year. The required rate of return on the stock, rs, is 9.50%. What is the stock's current dividend today? a. $1.352 b. $1.178 c. $41.69 d. $40.85 e. $1.346

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