Question 15 (2.5 points) Fix it Yourself just paid $5 dividends. The company is growing very fast; therefore, they are expecting to increase their dividend payments by 20% over the next 5 years and then they will pay a fixed amount of payment for the unforeseen future. What would be the appropriate stock price if the discount rate is 5%? $200.34. $248.83. $100.00. $223.20. $232.95. $82.94.

Fix it Yourself just paid $5 dividends. The company is growing very fast; therefore, they are expecting to increase their dividend payments by 20% over the next 5 years and then they will pay a fixed amount of payment for the unforeseen future. What would be the appropriate stock price if the discount rate is 5% ? $200.34. $248.83. $100.00. $223.20. $232.95. $82.94