Events Map Apply Search/A-Z Ai! Sites O A Hide Time Remaining A Questions 21 - 24 are based on the following information relating to the common stock of West Virginia Weather Vane Corporation. The company paid a dividend of $.97 per share quarterly, totalling to $3.88 for the most recent full year, on its common stock. Based on a study of the risk of owning this stock, analysts at Texas Investment Management Funds have determined that the required annual rate of return should be ke or r = 9.2%. Finally a fourth analyst, Mr. Washington, considers the strength of West Virginia's product lines in growing international markets. He has adopted the expectation that earnings and dividends will grow by 26% in year 1, by 18% in year 2, and by 12% in year 3, before leveling off to a fairly steady pattern that he can sensibly model as 2.4% constant annual growth in year 4 and all following years. Under this set of assumptions, what is the highest price analyst Washington thinks the Texas funds should be willing to pay for a share of West Virginia Weather Vane Corporation's common stock? O A. $111.57 OB. $88.99 OC. $82.70 OD. $56.52 O E. $87.34 Reset Selection O 9 w A 8:29 PM 6/26/2020