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East Companys shares are selling right now for $30. They expect that the dividend one year from now will be $1.60 and the required return

  1. East Companys shares are selling right now for $30. They expect that the dividend one year from now will be $1.60 and the required return is 15%. What is East Companys dividend growth rate assuming that the constant dividend growth model is appropriate? show all calculations.

    a

    8.60%
    b

    7.8%
    c

    9.67%
    d

    8.00%
    e

    9.03%

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