Find what is the stock price per share

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Reference no: EM132979117

Problem 1: A share of common stock has just paid an annual dividend of $3.75. The dividend growth rate is expected to be 12%. If the market's rate of return is 16%, what is the stock's price per share?

Select one:

A. $105.00

B. $93.75

C. $50.63

D. None of these answers are correct

Reference no: EM132979117

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