Question 15 Determine the value of a stock with the following variables using the constant growth model: 0 Current annual dividend: $0.85 per share Required return rate: 7% Constant growth rate: 4% O $22.74 O $29.47 O $28.33 Mark this question O $30.32

Determine the value of a stock with the following variables using the constant growth model: - Current annual dividend: $0.85 per share - Required return rate: 7% - Constant growth rate: 4% $22.74 $29.47 $28.33 $30.32