"A fast growing firm paid a dividend of $0.48 per share during the most recent year, The dividend is expected to increase at a rate of 27.0% per year for the next 3 years Afterwards a more stable 7.20% annual growth rate should be assumed - If a 11.15% discount rate is appropriate for this stock, what is its value? (Note: Round all calculations to 2 decimal places, i.e. $12.34)" $23.61 $24.83 $22.77 $19.82 $21.24 $19.30 $16.70