Question: Dizzy Lizzy Meier common stock is valued using the constant growth model. The firm's dividend growth rate is 8%. If the current market price is

Dizzy Lizzy Meier common stock is valued using the constant growth model. The firm's dividend growth rate is 8%. If the current market price is $33.50 and investors require a 15% return, what is your estimate of the price four years from now?

A.$67.38

B.$45.58

C. $49.22

D.$94.31

E.Cannot solve without more information

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