Question 11 Not yet answered Analysts expect the following dividends from Jake Corp.: a dividend of $2.74 per share will be paid tomorrow. One year from now a dividend of $3.14 will be paid, two years from now a dividend of $3.88, and thereafter dividends are expected to grow at a constant rate of 7% per year permanently. According to the analysts, the cost of equity of the company will remain at 8.9% The current share price is closest to (nearest cents): Marked out of 2.00 Flag question O a. $190.40 O b. $178.09 O c. $187.66 O d. $193.14