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Braves Food Services, Inc. (BFSI) has just finished paying its shareholders a dividend of $1.65/share. The company expects that its sales and profits to continue

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Braves Food Services, Inc. ("BFSI") has just finished paying its shareholders a dividend of $1.65/share. The company expects that its sales and profits to continue to grow at a 3% per year, and so they expect their dividend to continue to grow by the same amount. If investors require a return of 14% to invest in the stock, what should be the value of one share of BFSI? O $56.65 $15.45 O $9.98 $12.14 $11.78 $15.00

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