Vcast Inc., is expected to grow at a constant rate of 7 percent will pay a dividend of $2.75 next year . The current market price of the stock is $32. If investors require a return of 15% on similar stocks, how much is the stock worth and is the current market price a good buy? yes, it is a good buy because the stock is worth $34.37 No, it is not a good buy because the stock is worth $34.37 No, it is not a good buy because the stock is worth $39.29 none of these are correct Yes, it is a good buy because the stock is worth $39.29