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 15 percent?

A) $20
B) $11
C) $22
D) $7.33
E) $4.40