Multiple Choice
Kirkland Motors expects to pay a $2.00 a share dividend on its common stock at the end of the year . The dividend is expected to grow at some constant rate over time. What is the expected stock price five years from now, that is, what is ?
A) $21.65
B) $22.08
C) $25.64
D) $35.25
E) $36.78
Correct Answer:
Verified
Correct Answer:
Verified
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