17. A firm is currently paying a dividend of $3 per share. It is expected to grow its dividend at the rate of 15 percent per annum for the next two years. After two years, the dividend is expected to grow at a constant rate of 4 percent per year indefinitely. If the investors require a return of 10 percent, then what should be the share price after the firm paid the dividend in year 1 ? a. 69.738 b. 50.000 c. 39.675 d. 70.092 e. 66.125