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Whited Inc.'s stock currently sells for $28.75 per share. The dividend is projected to increase at a constant rate of 3.00% per year. The required

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Whited Inc.'s stock currently sells for $28.75 per share. The dividend is projected to increase at a constant rate of 3.00% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now? a. $49.55 b. $29.61 c. $43.23 d. $32.06 e. $33.33

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