Question: QUESTION 14 Trudeau Technologies common stock currently trades at $40 per share. The stock is expected to pay a year-end dividend, DIV1, of $2 per

QUESTION 14 Trudeau Technologies common stock currently trades at $40 per share. The stock is expected to pay a year-end dividend, DIV1, of $2 per share. The stock's dividend is expected to grow at a constant rate g, and its required rate of return is 9 percent. What is the expected price of the stock five years from today (that is, P5)? Round to the nearest cent. A $46.80 B. $48.67 C. $50.62 D. cannot be determined due to lack of information E. None of the above

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