Question 19 A common stock is purchased on January 1, 1992. It is expected to pay a dividend of 15 pesure at the end of each year through December 31,2001. Starting in 2002, dividends are expected to increase % per year indefinitely, wherek K. The theoretical price to yield an annual effective rate of on January 1.1992 is 200.90. Calculate A 0.86 1.00 c 110 1.26 e