Business
Business, 18.11.2019 20:31, 20170020

Charles berkeley, inc. just paid an annual dividend of $3.60 per share on its stock. the dividends are expected to grow at a constant rate of 4.5 percent per year, indefinitely. if investors require an 11 percent return on this stock, what will the price be in 12 years? question 2 options: a. $91.71 b. $93.62 c. $95.75 d. $98.15 e. $102.57.

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