An issue of common stock is expected to pay a dividend of

$5.15

at the end of the year. Its growth rate is equal to

6%

. If the required rate of return is

10%

, what is its current price?\

$36.92

\

$96.00

\ None of these options are correct\

$128.75

An issue of common stock is expected to pay a dividend of $5.15 at the end of the year. Its growth rate is equal to 6%. If the required rate of return is 10%, what is its current price? $36.92 $96.00 None of these options are correct $128.75