Question: QUESTION 3 C&P Trading has decided to increase its dividend payment at a rate of 5 percent per year. The firm's most recent dividend is

QUESTION 3 C&P Trading has decided to increase its dividend payment

QUESTION 3 C&P Trading has decided to increase its dividend payment at a rate of 5 percent per year. The firm's most recent dividend is $2.75 and the required rate of interest is 8 percent. What is the maximum you would be willing to pay for a share of the stock? O A. $67.60 OB. $57.75 OC. $91.67 O D. $36.09

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