A stock is currently selling for $99.41 per share in the market. If the stock is forecasted to pay a dividend of $11.63 per share in one year and investors require a rate of return of 12.43 percent per year, what constant growth rate must apply to this security? O 0.73% 11.70% O 0.88% O 12.42% O 12.43%

A stock is currently selling for $99.41 per share in the market. If the stock is forecasted to pay a dividend of $11.63 per share in one year and investors require a rate of return of 12.43 percent per year, what constant growth rate must apply to this security? 0.73% 11.70% 0.88% 12.42% 12.43%