Suppose stock is expected to pay a $0.50 dividend every quarter and the required return is 8% per year with quarterly compounding. What is the price of this stock today? $2.5$6.25$0.0625 None of the choices Question 4 \begin{tabular}{c} $6.93 \\ \hline$10 \\ \hline$3.96 \\ \hline$40 \end{tabular}