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Investors holding the stock of Chipotle Mexican Grill Inc. (ticker symbol CMG) require a 9.9% return. As a result of the Covid-19 pandemic, Chipotle will

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Investors holding the stock of Chipotle Mexican Grill Inc. (ticker symbol CMG) require a 9.9% return. As a result of the Covid-19 pandemic, Chipotle will pay dividends of $2.45 and $2.18 over the next two years, respectively. After that, Chipotle will grow its annual dividends by 2.5% percent. How much will you pay for one share of Chipotle today? Multiple Choice $29.03 $31.13 $33.21 $25.00 $27.23

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