29) NewCo. just paid a dividend of $1 per share. You believe they will grow the dividend for next year by 15% and for the following year by 10%, after which you believe they will target a 4% dividend growth rate every year. You believe the required rate of return should be 10%. What should you pay for the stock today? 29) NewCo. just paid a dividend of $1 per share. You believe they will grow the dividend for next year by 15% and for the following year by 10%, after which you believe they will target a 4% dividend growth rate every year. You believe the required rate of return should be 10%. What should you pay for the stock today