--------------- I do not want a detailed answer. I want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

Assume next year's dividends are $3.00 per share and they are expected to grow at 4 percent per year. If the risk adjusted discount rate is 7 percent, then the constant rate of growth model implies a stock price of: Select one: a. 90 b. 110 C. 80 d. 100