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Tetra, Inc., is expected to pay $9.1 to its shareholders as the annual dividend at the end of this year. Simultaneously, the company announced that

Tetra, Inc., is expected to pay $9.1 to its shareholders as the annual dividend at the end of this year. Simultaneously, the company announced that future dividends will be increasing by 5.7 percent. If you require a rate of return of 11.0 percent, how much are you willing to pay today to purchase one share of the company's stock?

148.51

171.7

191.88

145.47

143.33

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