Question: please show work for correct answer, thank you. A firm has just paid (the moment before valuation) a dividend of 324 and is expected to

please show work for correct answer, thank you.

please show work for correct answer, thank you. A firm has just

A firm has just paid (the moment before valuation) a dividend of 324 and is expected to exhibit a growth rate of 8% into the indefinite future. If the price of the stock is $20, what is the expected rate of return from buying the stock? Hide answer choices a A 5.73% B 6.73% 7.73% D 8.73% E 9.73% Correct

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