Question: Question 4 1 pts Ginger Baker, Inc. just paid an annual dividend of $5 a share and this dividend is expected to grow at a

Question 4 1 pts Ginger Baker, Inc. just paid an annual

Question 4 1 pts Ginger Baker, Inc. just paid an annual dividend of $5 a share and this dividend is expected to grow at a rate of 5% per ycar for the foreseeable future. If the discount rate for Ginger Baker is 8%, what is the current price of the stock? O $145.40 O $155.40 $175.00 $185.00 O $165.00

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