Consider the following three stocks: 19 Stock A is expected to provide a dividend of $11.8 a share forever. Stock B is expected to pay a dividend of $5.9 next year. Thereafter, dividend growth is expected to be 4% a year forever. Stock C is expected to pay a dividend of $5.9 next year. Thereafter, dividend growth is expected to be 20% a year for 5 years (i.e., years 2 through 6) and zero thereafter. 3 points 8 01:22:49 If the market capitalization rate for each stock is 10%, which stock is the most valuable? Stock A Stock B Stock C If the market capitalization rate for each stock is 7%, which stock is the most valuable? Stock A Stock B Stock C