If expected dividends grow at 7% and the appropriate discount rate is 9%, what is the value of a stock with an expected dividend of $1.00?
A) $62.88
B) $19.41
C) $29.12
D) $50.00

Question

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The Answer of If expected dividends grow at 7% and the appropriate discount rate is 9%, what is the value of a stock with an expected dividend of $1.00?
A) $62.88
B) $19.41
C) $29.12
D) $50.00

If Expected Dividends Grow at 7% and the Appropriate Discount