Growing, Inc. is a firm that is experiencing rapid growth. The firm yesterday paid a dividend of $4.90. You believe that dividends will grow at a rate of 15.0% per year for two years, and then at a rate of 9.0% per year thereafter. You expect the stock will sell for $44.15 in two years. You expect an annual rate of return of 17.0% on this investment. If you plan to hold the stock indefinitely, what is the most you would pay for the stock now?

Question 6 options:

	$80.16
	$64.68
	$41.80
	$54.62
	$74.05