Question: PLEASE SOLVE USING EXCEL FORMULAS Aliber Co. will pay a dividend of $2.32 next year. Its dividends will decrease at 2 percent per year. The

PLEASE SOLVE USING EXCEL FORMULAS

Aliber Co. will pay a dividend of $2.32 next year. Its dividends will decrease at 2 percent per year. The rate of return is 15 percent. What is the current price of this stock? A $13.65 B $18.31 C $19.33 (D) $21.05 E not computable

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