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River Rock, Incorporated, just paid an annual dividend of $2.80. The company has increased its dividend by 27 percent a yeat foc the past 10

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River Rock, Incorporated, just paid an annual dividend of $2.80. The company has increased its dividend by 27 percent a yeat foc the past 10 years and expects to continue doing 50 . What will a share of this stock be worth 6 years from now if the required return is 16 percent? Muitiple Choice $23.60 $2465 $25.08 525.37 $2690

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