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{a U I: D I I U I' a.) 1. Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase

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{a U I: D I I U I' a.) 1. Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 5.25% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now? 1'" a $40.06 1" '3 $39.15 If" C $52.81 1"\" d $45.53 1"\" e $47.80

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