A stock is expected to pay a .45 dividend at the end of the year( D1= 0.45). The dividend is expected to grow at a constant rate of 4% a year and the stocks required rate of return is 11%. What is the expected price of the stock 10 years from today ? a) $18.25 b) $9.52 c) 9.15 d) 6.02 e) $12.65