If Firm D is expected to pay a dividend of $1.35 per share in one year, and if those dividends are expected to grow at 4% per year indefinitely, then what should be the price today of the stock for Firm D?

Group of answer choices

$16.88

$13.53

$12.74

$9.64

None of the above

Portfolia K historic return: .2( Firm A return )+.2( Firm B return) +,3( Firm C return) +.3( Firm D returm ) Portfolia K historic return: .2( Firm A return )+.2( Firm B return) +,3( Firm C return) +.3( Firm D returm )