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Stock 68 is selling for $45. The cost of equity is 14% and Stock 68 just paid a $5 dividend to shareholders. Use the Constant-Growth

"Stock 68" is selling for $45. The cost of equity is 14% and "Stock 68" just paid a $5 dividend to shareholders. Use the Constant-Growth Dividend Discount Model to solve for g and estimate the market-implied growth rate of "Stock 68"?

Group of answer choices

A. 2.6%

B. 1.3%

C. 1.8%

D. 2.1%

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