Business, 21.01.2021 23:10 iluminatioffial9699

You are considering buying common stock in Grow On, Inc. You have projected that the next dividend the company will pay will equal $3.10 and that dividends will grow at a rate of 10.0% per year thereafter. If you would want an annual return of 13.0% to invest in this stock, what is the most you should pay for the stock now? a. $23.85
b. $113.67
c. $103.33
d. $26.23
e. $112.90

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You are considering buying common stock in Grow On, Inc. You have projected that the next dividend t...