Question: The answer is A can someone please explain how to solve it 32) Tangshan China Company's stock is currently selling for $80.00 per share. The

The answer is A can someone please explain how to solve it

32) Tangshan China Company's stock is currently selling for $80.00 per share. The expected dividend one year from now is $4.00 and the required return is 13 percent. What is Tangshan's dividend growth rate assuming that dividends are expected to grow at a constant rate forever? A) 8% B) 9% C) 10% D) 11%

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