这道题如果不计算，可以解吗

问题如下：

5. Alex Renteria has suggested that the market price of Tasty Foods stock is its fair value. What is the implied growth rate of dividends given the stock’s market price? Use the required return on equity based on a beta of 1.10.

选项：

3.87%.

5.30%.

12.1%.

解释：

A is correct.

The price of the stock is $8.42. If this price is also the fair value of the stock,

$V_0=8.42=\frac{D_1}{r-g}=\frac{0.59(1+g)}{0.1115-g}$

0.9288-8.42g=059+0.59g

9.01g=0.3488

g=0.0387 or 3.87 percent