Use the following information and the dividend discount model to find the value of GoFlower, Inc. 's, common stock
Last year's dividend was $ 3.10 per share.
The growth rate in dividends is estimated to be 10 percent forever.
The return on the market is expected to be 12 percent.
The risk-free rate is 4 percent.
Go Flower's beta is 1.1.
A. $121.79.
B. $34.95.
C. $26.64.