!! . firin's next year carnings are expected to be Gh4.00 per share, and the firin follows a practice of paying out 60 percent of earnings as dividends. The long-term growth rate for this firm is 5 percent and the appropriate discount rate is 12 percent. What is the price of this stock? a. Gh10.25 b. Gh20.45 c. Gh30.00 d. Gh34.29