Your uncle will sell you $100$ shares of stock for $$50$ per share You expect the company to grow steadily at an annual rate of $4$ percent for the foreseeable future. The firm paid a dividend of $$1\mathrm{.}30$ last year. If you require a rate of return of $8$ percent, should you buy the stock from your uncle? $($Round to the nearest dollar..

Pick answerr below

no$,$ becaue the stock is vaued at $50$ per share

yes because the stock is valued at $61$ per share

no because the stock is valued at appromaimtely $34$ per share

yes, becuase the stock is valued at approx $34$ per share