26. You are considering the purchase of Chevron Corp. (CVX) stock. If you purchase the stock you will receive a first $4.76 dividend payment exactly one year from now, and you expect Chevron Corp. to continue to raise its dividend payments at a 5% rate of growth, forever. If your required annualized rate of return (discount rate) is 10% and you plan to keep the stock forever, what is the maximum price you should be willing to purchase the stock for? (pick the closest) A. $31.73 B. $49.98 C. $95.20 D. $101.48