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A stock is currently selling for $94.08 per share in the market. If the stock is forecasted to pay a dividend of $10.13 per share

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A stock is currently selling for $94.08 per share in the market. If the stock is forecasted to pay a dividend of $10.13 per share in one year and investors require a rate of return of 17.93 percent per year, what constant growth rate must apply to this security? 17.86% 7.16% 17.93% 8.60% 10.77% A stock is currently selling for $94.08 per share in the market. If the stock is forecasted to pay a dividend of $10.13 per share in one year and investors require a rate of return of 17.93 percent per year, what constant growth rate must apply to this security? 17.86% 7.16% 17.93% 8.60% 10.77%

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