Question: Question 11 1 points Save Answer Mohsen is planning to purchase the stock of Gulf Company and he expect it to pay a dividend of

 Question 11 1 points Save Answer Mohsen is planning to purchase

Question 11 1 points Save Answer Mohsen is planning to purchase the stock of Gulf Company and he expect it to pay a dividend of $3 in 1 year, which is increasing by 5% annually. If the required return for purchasing the stock is 12 percent, how much Should Mohsen pay for the stock after 4 years? O B. $45 O A. $ 52.09 O C. $55.80 O D. None of the above

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