Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year (that is, D1= $0.50). The dividend is expected to grow at a constant rate of 7.5% a year. The required rate of return on the stock, rs is 14%. What is the stock's current value per share? O $7.69 $5.50 $4.25 $3.50 O None

Thomas Brothers is expected to pay a $0,50 per share dividend at the end of the year (that is, D1= $0.50). The dividend is expected to grow at a constant rate of 7.5% a year. The required rate of return on the stock, rs is 14%. What is the stock's current value per share? $7.69 $5.50 $4.25 $3.50 None