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Antiques R Us us a mature manufacuring firm. The company just paid a dividend of $13, but management expects to reduce the payout of 11

Antiques R Us us a mature manufacuring firm. The company just paid a dividend of $13, but management expects to reduce the payout of 11 percent per year indefinitely.
If you required a return of 18 percent on this stock, what will you pay for a share today?
a. $165.29
b. $40.30
c. $44.83
d. $39.90
e. $39.50 image text in transcribed
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $13, but management expects to reduce the payout by 11 percent per year indefinitely If you require a return of 18 percent on this stock, what will you pay for a share today? Multiple Choice $165.29 O $40.30 $44.83 O $39.90 $39.50

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