What is one share of this stock worth to you today

Reference no: EM13291278

Free Motion Enterprises paid a $2.20 per share annual dividend last week. Dividends are expected to increase by 3.75 percent annually. What is one share of this stock worth to you today if your required rate of return is 15 percent?

A. $19.06
B. $19.30
C. $19.56
D. $20.29
E. $20.59

Reference no: EM13291278

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