QUIZ ISTUCIONS This is an open book/open notes quiz and you have THREE attempts. The highest grade of these attempts will be recorded as your grade for this qui. Please read each question carefully. Each attempt will be comprised of different questions, some of which may be similar to questions in earlier attempts. Do not assume questions in your later attempts are the same as in previous attempts. Though they may be the same in some rare instances, they're most likely to be similar or at least have different numbers. vou vo . Good luck! Click the following link to access lecture presentation: TVM-Equity DDM.pdf Click here for Excel TVM functions: TVM Excel Functions - Multiple Cash Flows.xlsx Click here for Excel DDM examples: Ch 7 - DDM Excel Examples.xlsx Time Elas Attempt du 38 Minut Question 8 10 pts A firm is considered a dividend aristocrat if it has been increasing its dividend consistently for the past 25 years or longer. Consider such a firm that has increased its dividend an average of 4.3% per year for over 25 years and is expected to continue to do so in the future. If the most recent dividend paid by this form is $4.20 and the required rate of return for investing in the firm is 7.4%, what is the fair value of the firm's stock? $31.08 $144.21 $141.31 $135.48