Question: quicklyy with correct answer plsss teachers are providing with wrong answers An issue of common stock is expected to pay a dividend of $4.80 at

quicklyy with correct answer plsss teachers are providing with wrong answers

An issue of common stock is expected to pay a dividend of $4.80 at the end of the year. Its growth rate is equal to 8%. If the required rate of return is 16%, what is its current price?

		$103.68
		$48.00
		$96.00
		$60

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