Question: Current dividend $5.00 Required Return on Equity 4% Growth Rate in Dividends 1% According to the Gordon Growth Model, what is the price of this

Current dividend $5.00 Required Return on Equity 4% Growth Rate in Dividends 1% According to the Gordon Growth Model, what is the price of this stock in year 3 ? Group of answer choices $173.43 $167.77 $176.16 $177.49

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