3. A firm just paid $2.00 dividend on its common stock and expects to continue paying dividends, which are expected to g

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3 A Firm Just Paid 2 00 Dividend On Its Common Stock And Expects To Continue Paying Dividends Which Are Expected To G 1 (42.7 KiB) Viewed 85 times

3. A firm just paid $2.00 dividend on its common stock and expects to continue paying dividends, which are expected to grow 5% each year, from now to infinity. If the required rate of return for this stock is 9%, then the value of the stock is_? * O $50.00 O $40.00 $54.50 O $52.50