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Shiner Inc. plans to pay a dividend of $0.75 this year. If the firm plans to grow dividends at about 2.5% annually, what is the

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Shiner Inc. plans to pay a dividend of $0.75 this year. If the firm plans to grow dividends at about 2.5% annually, what is the most an investor should be willing to pay for a share of Shiner Inc, assuming a return of 12% is required? a) $5.17 b) $7.89 c) $6.25 Od) $6.41 d e) $8.09

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