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A fast growing firm paid a dividend of $1.23 per share during the most recent year, The dividend is expected to increase at a rate

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"A fast growing firm paid a dividend of $1.23 per share during the most recent year, The dividend is expected to increase at a rate of 17.0% per year for the next 3 years , Afterwards, a more stable 7.50% annual growth rate should be assumed - If a 13.30% discount rate is appropriate for this stock, what is its value? (Note: Round all calculations to 2 decimal places, i.e. $12.34)" $32.93 $31.26 $31.24 $27.04 $29.06 $26.11 $24.77

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