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$37.00 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5% per year.

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$37.00 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5% per year. The required rate of return on the stock, rS, is 9%. What is the stock's current dividend today? a. $1.4095 b. $1.1777 c. $1.0472 d. $1.1321 e. $1.5238

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