Question: Question 11 1.5 pts General Electric Co. (GE) is expected to pay a $5.00 dividend at the end of this year. If you expect GE's

 Question 11 1.5 pts General Electric Co. (GE) is expected to

Question 11 1.5 pts General Electric Co. (GE) is expected to pay a $5.00 dividend at the end of this year. If you expect GE's dividend to grow by 3% per year forever and GE's equity cost of capital to be 11%, then the value of a share of GE stock is closest to $42.86 $27.19 $35.74 $62.50

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