Hide Time Remaining - Question 22 of 25 5 Points 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%. The second analyst, Mr. Vermont, believes analyst Utah is too optimistic; he feels West Virginia's future earnings and dividends will change in a fairly steady manner that he can model as constant growth of approximately negative 1.6(-1.6%) per year. Under these assumptions, what is the highest price analyst Vermont thinks the Texas funds should be willing to pay per share for West Virginia Weather Vane Corporation common stock? O A. $50.24 OB. $41.50 C. $51.05 OD. $35.35 E. $0 (no value since the dividend stream is expected to decline) 8:32 PM