Question: which formula do I use : P= D1/(R-g) or P= D(1+g)/(R-g) and why Teder Corporation stock currently sells for $60 per share. The market requires

which formula do I use : P= D1/(R-g) or P= D(1+g)/(R-g) andwhich formula do I use : P= D1/(R-g) or P= D(1+g)/(R-g) and why

Teder Corporation stock currently sells for $60 per share. The market requires a 11 percent return on the firm's stock. Required If the company maintains a constant 5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? O $3.29 $3.43 O $3.60 $5.57 O $9.65

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