If we want to calculate a stock’s value (P 0 = D 1 / K e ) and we know it will pay a dividend of $1.30 one year from today and the dividend growth rate is 5%, what adjustment do we need to make before...

If we want to calculate a stock’s value (P 0 = D 1 / K e ) and we know it will pay a dividend of $1.30 one year from today and the dividend growth rate is 5%, what adjustment do we need to make before using this formula? Question 4 options: a) No adjustment. We use $1.30 as our D 1 b) We need to use D 0 to calculate D 1 c) We cannot calculate D 1 based on the information provided d) The dividend is not used in calculating price