16 Your company just paid a dividend of $2.30. The growth rate in dividends is expected to be 17 percent per year for the next three (3) years and then the dividend growth rate is expected to decline to a constant 5 percent thereafter. What is the current value of this stock if the required rate of return is 11 percent? 3 points Multiple Choice 90.49:41 $5254 $5481 $53.48 $5212 O $56.16