Question $8$

$1$ pts

Your uncle will sell you $100$ shares of stock for $$62\mathrm{.}50$ per shire. You expect the company to grow steadily at an annual rate of $6$ percent for the foreseeable future. The firm will pay a dividend of $$2\mathrm{.}30$ one year from today. If you require a rate of return of $10$ percent, should you buy the stock from your uncle? $($Round to the nearest dollar.$)$

No$,$ because the stock is wilued it $$81$ per share

$"$es$,$ because the stock is valued at S$6$I per thare.

No$,$ because the stock is vilued ot $957\mathrm{.}5$ per share.

Tes, Decauie the stock is wiaed at $$575$ per share