--------------- I do not want a detailed answer. I want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

PALTEL Communications is a firm in a rapidly growing industry. the company is planning on increasing its annual dividend by 14 percent a year for the next 5 years and then decreasing the grolth rate to 5.3 percent per year, the company just paid its annual dividends in the amount of $0.50 per share. What is the approximate current value of one share of this stock if the required rate of return is 17 percent" Select one: O a. 7 O b. cannot be calculated O c. 3.5 O d. 1.84 e. 6.3