Analysts expect Sturk Industries to make payouts of $4.825 billion at the end of this year. Assume that all payouts occur annually at the end of the year and that we are at the beginning of the year. Analysts forecast that Sturk's payouts will grow at 4.5% in perpetuity. Sturk stockholders require a return of 9%. Sturk has 0.95 billion shares outstanding. What is the fair price for Sturk's shares today? $116.78 $110.58 $112.87 $114.59