Question 31 2.56 Points Whited Inc.'s stock currently sells for $35.25 per share. The dividend is...

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Question 31 2.56 Points Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 3.50% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now? $41.87 B $36.42 $40.61 $46.89 E) $52.33 Question 31 2.56 Points Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 3.50% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now? $41.87 B $36.42 $40.61 $46.89 E) $52.33