Question: O $20 Using the Gordon growth formula, if D1 (current dividend) is $2.00, the required rate of return, ke, is 12% or 0.12, and g

O $20 Using the Gordon growth formula, if D1 (current dividend) is $2.00, the required rate of return, ke, is 12% or 0.12, and g ( the growth rate of dividend) is 10% or 0.10, then the current stock price is [Hint: Formula D1/(ke -g)] $50 $100 O $150

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