Question: hello, i need help solving this HW problem. Due tonight Spacefood Products will pay a dividend of $2.25 per share this year. It is expected

hello, i need help solving this HW problem. Due tonight

Spacefood Products will pay a dividend of $2.25 per share this year. It is expected that this dividend will grow by 6% per year each year in the future. What will be the current value of a single share of Spacefood's stock if the firm's equity cost of capital is 9% ? A. $67.50 B. $52.50 C. $75.00 D. $48.75

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