Question: need help with question 6 Question 6 (1 point) Saved You are considering buying common stock in Grow On, Inc. You have projected that the

need help with question 6 need help with question 6 Question 6 (1 point) Saved You are

Question 6 (1 point) Saved You are considering buying common stock in Grow On, Inc. You have projected that the next dividend the company will pay will equal $5.60 and that dividends will grow at a rate of 7.0% per year thereafter. The firm's beta is 2.28, the risk-free rate is 6.7%, and the market return is 15.8%. What is the most you should pay for the stock now? $29.30 $27.38 $20.40 O $21.83 $29.92

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