Alpha Amps has just paid an annual dividend of $1.55 per share and expects to increase it by 4 percent annually for the foreseeable future. Calculate the current value of Alpha's common stock given a discount rate of 7 percent. $57.55 $56.92 $53.73 $54.13 $55.32

Alpha Amps has just paid an annual dividend of $1.55 per share and expects to increase it by 4 percent annually for the foreseeable future. Calculate the current value of Alpha's common stock given a discount rate of 7 percent. $57.55 $56.92 $53.73 $54.13 $55.32