Current Attempt in Progress You are interested in investing in a company that expects to have the same growth rate of 6 percent forever. The firm paid a dividend of $2.30 last year. If your required rate of return is 10 percent, what is the most you would be willing to pay for this stock? O $24 $61 $23 O $58

You are interested in investing in a company that expects to have the same growth rate of 6 percent forever. The firm paid a dividend of $2.30 tast year. If your requlred rate of return is 10 percent, What is the most you would be willint to pay for this stock? $24 $61 $23 $58