Assume ABC Corp. pays the dividend of $5.60 this year. For the next 30 years, the firms dividend will grow by 5.3%, then it will grow by 4.5% each year afterwards. The required rate of return for the firms industry is 11.8%. What is the present value of the firms stock under the Dividend Discount Model? Group of answer choices $75.68 $13.29 $88.97 $117.64