Question 16 (3 points) A company's stock currently sells for $30 per share. The stock's dividend is projected to increase at a constant rate of 7% per year. The required rate of return on the stock, rs, is 10%. What is the stock expected price 4 years from today? O a) $32.77 Ob) $39.32 O c) $33.89 O d) $34.45