Stock BTW is expected to pay an annual dividend next year of $2 per share. Dividends are expected to grow at a constant rate of 3% per year thereafter. The stock has a required rate of return of 6%. If the current stock price is $50.00, which of the following statements is most correct according to the constant-growth dividend discount model?

Stock BTW is expected to pay an annual dividend next year of $2 per share. Dividends are expected to grow at a constant rate of 3% per year thereafter. The stock has a required rate of return of 6%. If the current stock price is $50.00, which of the following statements is most correct according to the constant-growth dividend discount model? The stock is currently underpriced. You can profit by buying the st thck today. The stock is currently underpriced. You can profit by short selling the stock today. The stock is currently overpriced. You can profit by buying the stock today. The stock is currently overpriced. You can profit by short selling the stock today. The stock is priced fairly