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Question number 9 Spacefood Products will pay a dividend of $2.35 per share this year. It is expected that this dividend will grow by 6%

Question number 9

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Spacefood Products will pay a dividend of $2.35 per share this year. It is expected that this dividend will grow by 6% per year each year in the future. What will be the current value of a single share of Spacefood's stock if the firm's equity cost of capital is 10%? O A. $38.19 O B. $41.13 O C. $52.88 OD. $58.75

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