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Dividends for the Buford Humidifier Manufacturing Corporation are expected to be $12 per share one year from today. Investors demand a 13% rate of return.

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Dividends for the Buford Humidifier Manufacturing Corporation are expected to be $12 per share one year from today. Investors demand a 13% rate of return. The price per share is expected to be $60 immediately after the $12 dividend is paid. Which of the following should be the price per share today? O ((12+60)/1.13) + (60/1.13^2) O 12 + (60/1.13) O 12+ (72/1.13) O 72/1.13

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