单选题 An analyst gathers the following information about Sunshine Industry and its common stock:

Common annual dividend per share (D₀)	$3.50
Growth rate of dividends	7%
Required rate of return on the stock	16%

Using the Gordon growth model, the value of Sunshine's common stock is closest to:
A. $23.41
B. $38.89
C. $41.61

【正确答案】 C

【答案解析】[解析] 采用戈登增长模型：P=D₀(1+g)/(k-g)=$3.50×(1+7%)/(16%-7%)=$41.61。