Question: NEED ANSWER. URGENT. THANK YOU FOR YOUR HELP! An issue of common stock's most recent dividend is $4.35. Its growth rate is 4.0%. What is

NEED ANSWER. URGENT. THANK YOU FOR YOUR HELP!

An issue of common stock's most recent dividend is $4.35. Its growth rate is 4.0%. What is its price if the market's rate of return is 7.6% ? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Multiple Choice $125.83 $130.83 $60.42 $125.67

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