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The stock of Rand, Inc. and McNally Corp. are set to pay the same dividend next period, and are projected to have the same constant

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The stock of Rand, Inc. and McNally Corp. are set to pay the same dividend next period, and are projected to have the same constant growth rate in dividends. From this we may infer that Select one: a. The stock of Rand, Inc. will trade at a lower price than the stock of McNally Corp. b. Prices of the two stocks can be different since their required rates of return can be different. c. The stock of Rand, Inc. will trade at a higher price than the stock of McNally Corp. d. Both stocks will trade at the same price

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