Bob's Burgers doesn't currently pay a dividend, but has announced that they will pay their first dividend of $3 per share in six years. They expect to grow the dividend at 7% per year afterward. If you require a return of 16%, what is the most you would be willing to pay for the stock today? $33.33 $28.17 $13.68 $15.87

Bob's Burgers doesn't currently pay a dividend, but has announced that they will pay their first dividend of $3 per share in six years. They expect to grow the dividend at 7% per year afterward. If you require a return of 16%, what is the most you would be willing to pay for the stock today? $33.33 $28.17 $13.68 $15.87