Assume Silvo s Steakhouse pays the dividend of $3.64 this year. For the next 30 years, the firm's dividend will grow by 5.4%, then it will grow by 5.1% each year afterwards. The required rate of return for the firm's industry is 11.7%. What is the present value of the firm's stock under the Dividend Discount Model? $71.24 $63.53 $61.89 $60.38