Question 16 (1 point) Metal Corp. just paid $1 dividends and is assumed to grow at 7% per year. The required return of the company is 15%. The present value of the first 60 dividend payments is $13.198. What is the present value of all the dividend payments from year 61 to infinity assuming the required return and the growth rate stay constant? $.11 $.177 $3.375 None of the answers is correct $13.375