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5 Garret Freight has paid $1 per share on its common stock each quarter for the past 15 years. The company is expected to maintain

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5 Garret Freight has paid $1 per share on its common stock each quarter for the past 15 years. The company is expected to maintain this dividend constant. Glven this, one share of the firm's stock is: 027 Multiple Choice Valued at an assumed growth rate of 1 percent Equal in value to the present value of $1 paid one year from today. O Worth $1 a share in the current market. O Basically worthless as it offers no growth potential. O Priced the same as a $1 perpetuity

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