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A share of common stock will pay a dividend of $1.00 next year. If the expected long-run growth rate for this stock is 5.4%, and

A share of common stock will pay a dividend of $1.00 next year. If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 10.2%, then what is the stock price? $21.96 $23.50 $24.06 $20.83
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A share of common stock will pay a dividend of $1.00 next year. If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 10.2%, then what is the stock price? $21.96 $23.50 $24.06 $20.83

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