Iz instructions Question 7 1 pts In one year, a firm will pay a common stock dividend of $3.35. The dividends have been growing at 6% per year. Based on analysts' forecasts, you predict that you will be able to sell your stock for $48 per share after one year. If you require a rate of return of 16 percent on your stock, how much would you be willing to pay now for a share of the stock? $44.27 $51.37 $48.00 $45.04 $42.11 - Previous Next >