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Question 18 Not yet answered Marked out of 1.00 Last year, when the stock of Ward, Inc., was selling for $28 a share, the dividend

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Question 18 Not yet answered Marked out of 1.00 Last year, when the stock of Ward, Inc., was selling for $28 a share, the dividend yield was 3.5%. Today, the stock is selling for $35 a share. What is the required return on this stock if the company maintains a constant dividend growth rate of 5 percent? Remove flag Select one: a. A. 7.94% b. E. 8,93% c. C. 8.72% d. D. 8.78 e. B.8.28%

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