Morgan Stanley just paid an annual dividend of $1.85 a share. Management estimates the dividend will increase by 9 percent a year for the next four years. After that, the annual dividend growth rate is estimated at 3 percent. The required rate of return is 11 percent. (Worth 4 points) 69. What is the value of this stock today? . If this stock is currently trading for $26.85 in the market would you buy it based on this analysis? Yes or No Please explain. b. Page 14