Question: LeBron James, Co . ( LBJ ) is expected to pay a dividend of $ 4 . 5 0 to its shareholders next year. The

LeBron James, Co.(LBJ) is expected to pay a dividend of $4.50 to its shareholders next year. The company announced that future dividends will grow by 2.20 percent per year forever.If therequiredrate of return on LBJ's stock is 10.80 percent,how much are you willing to pay today to purchase one share of the company's stock? Multiple Choice $204.55 $53.48 $52.33 $41.67

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