Question: Please help. Note answer marked wrong. The stock in Up-Towne Movers is selling for $46.60 per share. Investors have a required return of 9.2 percent

Please help. Note answer marked wrong.

The stock in Up-Towne Movers is selling for $46.60 per share. Investors have a required return of 9.2 percent and expect the dividends to grow at 4.4 percent indefinitely. What was the dividend the company just paid? Multiple Choice $1.96 $2.24 o $2.15 O $2.16 O $2.44

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