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Question 23 (1 point) Gerolsteiner Inc. is projected to pay a dividend of $2.00 one year from now, which is projected to grow at 2%

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Question 23 (1 point) Gerolsteiner Inc. is projected to pay a dividend of $2.00 one year from now, which is projected to grow at 2% per year going forward. If Gerolsteiner has an 8% equity cost of capital, what is the value of Gerolsteiner's stock according to the Constant Dividend Growth Model? $33.33 $20.00 $25.00 $42.33

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