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Question 17 (4 points) You are considering buying common stock in Grow On, Inc. The firm yesterday paid a dividend of $4.40. You have projected

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Question 17 (4 points) You are considering buying common stock in Grow On, Inc. The firm yesterday paid a dividend of $4.40. You have projected that dividends will grow at a rate of 5.0% per year indefinitely. If you want an annual return of 18.0%, what is the most you should pay for the stock now? $38.83 $33.85 $24.44 $25.67 $35.54

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