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If last years dividend was $2.30, the constant-growth rate is 3%, and the discount rate is 12%, then the current stock price should be: $19.74

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If last years dividend was $2.30, the constant-growth rate is 3%, and the discount rate is 12%, then the current stock price should be: $19.74 $26.32 $19.17 $25.56 What is the percentage return on a stock that was purchased for $41.50, paid quarterly dividend of $1.50, and was then sold after one year for $40.00? 0% 10.84% 14.46% 15.00%

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