Liguria Incorporation just paid a dividend of $4 per share and has announced that it will increase its dividend by $2 per share for each of the next 4 years, and it will never pay another dividend

Finance Jan 13, 2021

Liguria Incorporation just paid a dividend of $4 per share and has announced that it will increase its dividend by $2 per share for each of the next 4 years, and it will never pay another dividend. If the required return is 10.2 percent, what will a share of stock sell for today? a. $22.18 b. $24.92 c. $18.29 O d. $27.64 e. $29.16

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