Suppose Swiftie, Inc., just paid a dividend of

$7.35

per share. It is expected to increase its dividend by 1.8 percent per year, indefinitely. If the market requires a return of 15.82 percent on assets of this risk, how much should Swiftie be selling for?\

$53.37

\

$54.33

\

$47.30

\

$42.46

\

$60.85

Suppose Swiftie, Inc., just paid a dividend of $7.35 per share. It is expected to increase its dividend by 1.8 percent per year, indefinitely. If the market requires a return of 15.82 percent on assets of this risk, how much should Swiftie be selling for? $53.37 $54.33 $47.30 $42.46 $60.85