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Kelly Enterprises' stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.00% per year. The required

Kelly Enterprises' stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.00% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now? Select the correct answer. a. $43.47 b. $42.60 c. $42.89 d. $43.76 e. $43.18

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