Question: Johnson Corp.'s expected year-end dividend is D = $1.60, its required return is rs = 11.00%, its dividend yield is 5.00%, and its growth rate

Johnson Corp.'s expected year-end dividend is D = $1.60, its required

Johnson Corp.'s expected year-end dividend is D = $1.60, its required return is rs = 11.00%, its dividend yield is 5.00%, and its growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 6 years? 1) $49.40 2) $44.61 3) $45.39 4) $35.74 5) $37.52

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