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Casino Inc. has a current dividend of $2.83 per share (Div0) and these dlvidends are expected to grow at a constant rate of 3 percent

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Casino Inc. has a current dividend of $2.83 per share (Div0) and these dlvidends are expected to grow at a constant rate of 3 percent per year forever. If the required rate of refurn on the stock is 10 percent, what is the current value of the stock today? Select one: a. $30.5 b. $40.42 c. $28.3 d. $41.64

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