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Thetrailco Company pays a constant dividend of $12.25 on its stock and the required return on this stock is a percent. Thetraite will maintain this

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Thetrailco Company pays a constant dividend of $12.25 on its stock and the required return on this stock is a percent. Thetraite will maintain this constant dividend for the next 19 years and then stop paying dividends forever. Based on this information what is the current share price of Thetrailco? a $122.93 b. $132.19 $128.27 O d. $124.63 O e. $117.64

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