Assume WXYZ Corp.'s dividend payment will be $3.71 one year from now, $5.45 two years from now, and $6.53 three years from now. Further assume that after these three years, the dividend will grow by 5.5% each year. If the required rate of return for the industry WXYZ Corp. belongs to is 11.8%, what is the market value of WXYZ Corp.'s stock under the Dividend Discount Model? $78.25$90.60$12.35$75.12 Question 20 2.5 pts Assume ABC Corp. pays the dividend of $5.50 this year. For the next 35 years, the firm's dividend will grow by 5.2%, then it will grow by 4.5% each year afterwards. The required rate of return for the firm's industry is 11.6%. What is the present value of the firm's stock under the Dividend Discount Model? $89.21 $77.62 $81.54 $72.52