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Sun Investment Inc. current stock price is $450 and its last dividend was $8.00. In view of Suns strong financial position and its consequent low

Sun Investment Inc. current stock price is $450 and its last dividend was $8.00. In view of Suns strong financial position and its consequent low risk, its required rate of return is 6%. If dividends are expected to grow at a constant rate, g, in the future and r is expected to remain at 6%, what do you forecast Suns stock price to be 2 years from now? USE AT LEAST 4 DECIMAL PLACES

*HINT: find the growth rate first

A. $400.55

B. $488.54

C. $492.22

D. $350.97

E. $450.38

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