There is one question that asks for growth rate and then find the price. Looks like the firts part of the question is chopped off. If you see a question that starts with: ratio of 60 percent. The dividend ... add these lines before ratio of 60 percent. Lyndsey just paid its annual dividend of $.80 a share. The ROE is 10 percent and retention ratio of 60 percent. The dividend ....

Question 9 Not yet answered ratio of 60 percent. The dividend will grow at a constant rate for ever. What is the price of this stock, if the required rate of return is 12 percent? Marked out of 4.00 Flag question Select one: O a. $13.50 O b. $1230 O c. $14.10 O d. $13.30 O e. $13.10