Peter Parker Pest Control will pay an annual dividend of $3.50 one year from now. The dividend is expected to grow at a 10% rate for the following 3 years and then settle down to a steady growth rate of 3% per year in perpetuity. If Peter Parker's required rate of return is 8%, what is the current value of a share of stock? $95.97 $109.01$77.67$83.88 $94.83