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The National Gas Company common stock was selling for $60 per share at the start of 2019 Dividend payments for the next year were expected

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The National Gas Company common stock was selling for $60 per share at the start of 2019 Dividend payments for the next year were expected to be annualized at $3.00 a share in 2020. The company has a usual growth of 5% and a customer is requiring a rate of 10%. Based on this information then the Price (Po) is estimated to be: (Review notes before attempting). Note also that if the selling price - Po, the customer would do nothing that is neither sell nor buy. Given this simulation, the investor Select one: o a. buy the stock O b. neither buy nor sell as there is no gain nor losses based on her opportunity cost of funds O c. choose to invest in bonds instead O d. sell the stock

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