A company just paid an annual dividend of D0=$7.00 for its stock. Companys dividends are expected to grow by 70% in the first year, by 25% in Year 2 , by 18% in Year 3 and at a constant rate of 4% in Year 4 and thereafter. The required return on this stock is 10%. What is the stock's current value? $264.9 $278.1 $254.3 $280.8 $259.6