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XYZ company expects to pay $1.90 as dividends after 6 years, if the stock is expected to grow at a constant rate of 5%. What

XYZ company expects to pay $1.90 as dividends after 6 years, if the stock is expected to grow at a constant rate of 5%. What is the maximum amount an investor should pay to buy XYZ stock today if the required rate of return is 13.5%? Select one: O a. $19.20 O b. $17.00 O c. $17.51 d. $16.38 e. $15.75

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