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Fowler is expected to pay a dividend of $1.73 one year from today and $1.88 two years from today. The company has a dividend payout

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Fowler is expected to pay a dividend of $1.73 one year from today and $1.88 two years from today. The company has a dividend payout ratio of 45 percent and the PE ratio is 18.55 times. If the required return on the company's stock is 11.5 percent, what is the current stock price? Multiple Choice $29.60 $6234 $68 02 $65 40 $5407 earch 0 e DELL

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