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Macomb Company is expected to pay a dividend of $2.00 per share at the end of the year 1.e.. D1-$2.00). The dividend is expected to

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Macomb Company is expected to pay a dividend of $2.00 per share at the end of the year 1.e.. D1-$2.00). The dividend is expected to grow at a rate of 3% per year. If the required rate of return on the stock is 8%, then what is the stock's current value per share? O $40.00 $25.00 $66.67 $18.18

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