Question: Given the information in the table, Current dividend $5.00 Required Return on Equity 6% Growth Rate in Dividends 2% According to the Gordon Growth Model,

Given the information in the table,

Current dividend $5.00

Required Return on Equity 6%

Growth Rate in Dividends 2%

According to the Gordon Growth Model, what is the price of this stock in year 0 ?

Group of answer choices

$127.50

$129.50

$123.33

$130.48

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