The following information will be used to answer questions 23, 24, 25 and 26. Stock Evaluation /3 ma Athabasca River Cruise Inc. (ARCI) has expected earnings per share of $10 for the next year. It has been paying out 25% of its earning to shareholders as dividends and will continue to keep this practice. The market capitalization rate for ARCI is 10%, and the expected rate of return for future investment is 12% per year. Based on the constant growth rate discounted dividend model, answer the following question. What is the expected price of a share one year from now? /3 marke a. $252.50 b. $97.50 c. $272.50 d. $125.00