ABT is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect ABT to begin paying dividends starting with $1 per share 1 year from today and will grow rapidly at 35% for four years; after year 5, growth should be a constant 7% per year. If the required rate of return on ABT = 14%, what is the value of its stock today? $22.23 $25.62 $26.77 $24.88 $32.70