uestion 4 ue to the advent and proliferation of life extension technology, the funeral services ndustry has been seeing a steady year-to-year decline. Press F is a publicly-listed, w-cost chain of funeral homes that specialises in helping bereaved families pay espects. The firm has just(paid its annual dividend of $7.75 per share. Shares of Press F currently trade on the market for a price of $39.76 each, with investors equiring a return of 15.5% per annum. m. Ti = 15.57. Based on the above information, which of the following is closest to the constant nnual rate of decline that investors anticipate in the dividends of Press F? g= ? TXE a. 4.96% b. 3.34% c. 3.47% d. 3.99% e. 3.04%