Question 16 (1 point) Consider a firm that had been priced using a 6 percent growth rate and a 9 percent required rate. The firm recently paid a $0.50 dividend. The firm has just announced that because of a new joint venture, it will likely grow at an 8 percent rate. How much should the stock price change in dollars? O A) $13.33 B) $56.33 OC) $23.33 OD) $36.33