Question: Question 15 4 pts JK Co. will pay a dividend of $1.46 next year. Its dividends will grow at 2.5 percent per year. The rate

Question 15 4 pts JK Co. will pay a dividend of $1.46 next year. Its dividends will grow at 2.5 percent per year. The rate of return is 11 percent. What is the current price of this stock? $19.33 $22.46 $23.74 $17.18 $21.48 4 pts

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