Question 16 A stock expects to pay a dividend of $5.55 per share one year from today. After paying the dividend, the stock can be sold for $133.77 per share. If the appropriate discount rate for the stock is 14.2 percent, how much is one share of the stock worth today? O $942.04 O $117.14 O $39.08 O None of these options are correct 1 pts O $122.00

A stock expects to pay a dividend of $5.55 per share one year from today. After paying the dividend, the stock can be sold for $133.77 per share. If the appropriate discount rate for the stock is 14.2 percent, how much is one share of the stock worth today? $942.04 $117,14 $39.08 None of these options are correct $122.00