Question: Question 22 1 pts Dramatis Inc. declared today a quarterly dividend of $0.52. Investors expect a rate of return on the stock of 12.5% as

 Question 22 1 pts Dramatis Inc. declared today a quarterly dividend

Question 22 1 pts Dramatis Inc. declared today a quarterly dividend of $0.52. Investors expect a rate of return on the stock of 12.5% as long as it maintains its projected annual growth rate of 7.5%. What would an investor pay for the stock today? $38.60 $32.60 $42.38 $36.00

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