NewLeaf Travel Company Inc is a new, ultra-low-cost airline that just received authorization to fly from Canada Transport Agency. One might expect Newleaf to grow very rapidly, causing it to initially reinvest all earnings in new growth. Assume that five years from today, it pays a dividend of $2.00 per share, which is expected to grow at 4% per year for ever. If investors require a 14% return to hold the common stock, what price per share would you expect to pay? Multiple Choice $10.38 $20.00 $20.80 $11.84