Question 10 10 Due to economic challenges XYZ Corp has suspended its dividend for the next three years. The following year, i.e. 4 years from today, the firm plans to resume dividend payment with a dividend of $1.50 and intends to grow this dividend at a constant rate of 2.5% per year thereafter. If investors require a rate of return of 7.3% for investing in this firm, what would investors be willing to pay for the stock today? $31.25 $25.30 $32.38 $23.57