Would you buy a share of Jasdeep Corp stock if it was selling for $22.00. Assume your required return on equity investments is 12%, and you expect the stock to pay a dividend of $2.00 for the next 5 years and thereafter grow the dividend at 5% per year?

Question 1 options:

Yes because it is valued at $24.23

Yes because it is valued at $28.57

None of these answers

No because it is valued at $28.57

No because it is valued at $24.23