Skyler Parts Pays a Constant Annual Dividend

Multiple Choice

Skyler Parts pays a constant annual dividend.Last year, the dividend yield was 3.75 percent when the stock was selling for $19.75 per share.What is the current price of the stock if the current dividend yield is 5 percent?

A) $17.81
B) $14.81
C) $17.92
D) $20.84
E) $21.37