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Mka, Inc., just paid $10.2 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 4.2 percent.

Mka, Inc., just paid $10.2 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 4.2 percent. If you require a rate of return of 12.0 percent, how much are you willing to pay today to purchase one share of the company's stock?

103.31

98.66

109.88

154.82

136.26

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