Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $18.00 per share. Goode's dividend stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is is expected to grow at a constant rate of 7.00%. What was the last dividend,
a. $0.77
b. $0.62
c. $0.92
d. $0.76
e. $0.57