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Gda, Inc., is expected to pay $9.6 to its shareholders as the annual dividend at the end of this year. Simultaneously, the company announced that

Gda, Inc., is expected to pay $9.6 to its shareholders as the annual dividend at the end of this year. Simultaneously, the company announced that future dividends will be increasing by 3.2 percent. If you require a rate of return of 14.4 percent, how much are you willing to pay today to purchase one share of the company's stock?

70.69

62.98

109.06

66.0

85.71

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