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A fast growing firm paid a dividend of $0.36 per share during the most recent year, The dividend is expected to increase at a rate
"A fast growing firm paid a dividend of $0.36 per share during the most recent year, The dividend is expected to increase at a rate of 21.0% per year for the next 3 years , Afterwards, a more stable 5.70% annual growth rate should be assumed - If a 9.05% discount rate is appropriate for this stock, what is its value? (Note: Round all calculations to 2 decimal places, i.e. $12.34)" $14.00 $18.53 $19.17 $17.97 $16.08 $17.00 $15.70
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