You are considering the purchase of XYZ Company's ordinary shares which will pay a $1.00 per share dividend one year from the date of purchase.The dividend is expected to grow at the rate of 4% per year.If the appropriate discount rate for this investment is 14%, what is the price of one share of this stock?
A)$7.14
B)$10.00
C)$25.00
D)$30.12

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The Answer of You are considering the purchase of XYZ Company's ordinary shares which will pay a $1.00 per share dividend one year from the date of purchase.The dividend is expected to grow at the rate of 4% per year.If the appropriate discount rate for this investment is 14%, what is the price of one share of this stock?
A)$7.14
B)$10.00
C)$25.00
D)$30.12

You Are Considering the Purchase of XYZ Company's Ordinary Shares