OMG Corporation just paid a $3.00 annual dividend on each share. It is planning on increasing its dividend by 16 percent a year for the next 4 years. The corporation will then decrease the growth rate to a rate of 5 percent per year, and keep it that way indefinitely. The required rate of return is 8.50 percent. Calculate the current value of one share of this corporation's stock. Multiple Choice $131.81 0 $134.81 $117.59 0 $162.96 O $165.96