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Samcro Distributing Co.just announced that next year's annual dividend will be $1.50 and that it is establishing a policy whereby the dividend will increase by

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Samcro Distributing Co.just announced that next year's annual dividend will be $1.50 and that it is establishing a policy whereby the dividend will increase by 4 percent per year annually thereafter. How much will one share of this stock be worth Zyears from now if the required return is 10 percent? $29.76 $32.90 $25.00 $31.63 O $34.21

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