Question: stock is expected to pay its first $ 8 0 0 dividend in 1 year from now. The dividend is expected to be paid annually

stock is expected to pay its first $800 dividend in 1 year from now. The dividend is expected to be paid annually forever and grow by 4% pa. The discount rate is 5% pa. Estimate the current stock price.The current stock price should be:Select one: a. $79,999.99 b.$76,190.46C.$72,562.35@ d.$16,000 e.$14,512.47

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