Consider a firm that just paid a dividend of $2.75 per share. The company expects growth in the coming year to be 15%. After this first year, the firm expects dividends to grow and a constant rate of 3% per year. The required rate of return is 7% Calculate the intrinsic value of the firm's stock (Round the intermediate calculation with four decimals, round your fine answer with two decimals) O $87.33 O $79.06 $85.03 O $72.65