Question: I believe the answer is 62.25, please check and explain Question 2 1 pts Hamilton Company common stock is currently selling for $60 per share.

I believe the answer is 62.25, please check and explain I believe the answer is 62.25, please check and explain Question 2

Question 2 1 pts Hamilton Company common stock is currently selling for $60 per share. The stock will pay a dividend of $4.35 next year. If you buy the stock now, receive the dividend and sell the stock at the end of the year, for what price will you sell the stock if you earn your 11% required rate of return? $55.10 $64.35 $67.80 O $62.25 O $70.95

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