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Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $3.00 a share. The company has promised to maintain a constant

Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $3.00 a share. The company has promised to maintain a constant dividend. How much are you willing to pay for one share of this stock if you want to earn a 13% return on your equity investments? A: $ 20.00 B: $ 23.08 C: $ 25.00 D: $ 27.32 E: $ 30.00

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