According to the Gordon Growth Model,what Is an Investor's Valuation

Multiple Choice

According to the Gordon growth model,what is an investor's valuation of a stock whose current dividend is $1.00 per year if dividends are expected to grow at a constant rate of 10 percent over a long period of time and the investor's required return is 11 percent?

A) $110
B) $100
C) $11
D) $10
E) $5.24