The zumwalt company is expected to pay a dividend of 225


The Zumwalt Company is expected to pay a dividend of $2.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5.00% per year in the future. The company's beta is 1.15, the market risk premium is 5.50%, and the risk-free rate is 4.00%.

What is the company's current stock price?

a. $42.25

b. $43.31

c. $44.39

d. $45.50

e. $46.64

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Financial Management: The zumwalt company is expected to pay a dividend of 225
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