7 The Merriweather Company just announced that it will pay a dividend next year of $1.50. The company will then increase its dividend by 15 percent per year for three years after which it will maintain a constant 5 percent dividend growth rate. What is one share worth today at a required rate of return of 11 percent? 5 Multiple Choice points Skipped $28.57 O $32.00 U $45.63 $29.40 a O $34.90