Free Motion Enterprises paid a $2.20 per share annual dividend last week.Dividends are expected to increase by 3.75 percent annually.What is one share of this stock worth to you today if your required rate of return is 15 percent?
A)$19.06
B)$19.30
C)$19.56
D)$20.29
E)$20.59

Question

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The Answer of Free Motion Enterprises paid a $2.20 per share annual dividend last week.Dividends are expected to increase by 3.75 percent annually.What is one share of this stock worth to you today if your required rate of return is 15 percent?
A)$19.06
B)$19.30
C)$19.56
D)$20.29
E)$20.59

Free Motion Enterprises Paid a $2