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a. $186.00 b. $44.44 c. $40.92 d. $41.75 e. $41.33 Antiques RUs is a mature manufacturing firm. The company just paid a dividend of $8,

a. $186.00
b. $44.44
c. $40.92
d. $41.75
e. $41.33
image text in transcribed
Antiques RUs is a mature manufacturing firm. The company just paid a dividend of $8, but management expects to reduce the payout by 7 percent per year indefinitely. If you require a return of 11 percent on this stock, what will you pay for a share today

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