If the payout ratio 040 and net income is 100 than the stock

If the payout ratio 0.40 and net income is 100 than the stock price is Select one: O a. 40 O b. 60 O c. 80 O d. Unable to tell from data given

Stock price, P0 = D1÷(r-g)

D1 is next expected dividend

r is required return

g is growth rate

required rate and growth rate both are required for calculation.

Hence, correct option is (d) unable to tell from data given.