number 15

15. WKG just reported a current dividend yield on it's common stock for 4.55 percent. The company just paid a $1.78 annual dividend and announced plans to pay $1.8868 next year. The dividend growth rate is expected to remain constant at the current level. What is the closest expected price of the stock 3 years from today?* A) $41.47 O B) $46.59 OC C) $49.39 OD) $52.35 OE) None of the above