10) The Bell Weather Company is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 21 percent a year for the next 4 years and then decreasing the growth rate to 6 percent per year. The company just paid its annual dividend in the amount of $2.10 per share. What is the current value of one share of this stock if the required rate of return is 7.60 percent?

A) $235.95 B) $233.85 C) $222.48 D) $300.33 E) $298.23