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Rezling Vine Co.s common stock is expecting to have a dividend value of $4.50 per share next year. The management has also projected that dividends
Rezling Vine Co.s common stock is expecting to have a dividend value of $4.50 per share next year. The management has also projected that dividends are expected to grow at about an 8.50% constant rate annually. What are the value and the dividend yield of this common stock to an investor who requires a 16.00% rate of return?
$60.00 and 7.50%
$45.00 and 7.50%
$60.00 and 8.50%
$52.00 and 7.50%
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