Acompany that is organized by function will group its employees into teams based on what? A The type of work they do
B. The product they make
C. The location or branch they work at
D. The type of customer they serve

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?