QUESTION 17 If 1) the expected return for XYZ stock is 16.5 percent; 2) the dividend is expected to be 50 in one year, $6.42 in two years, $2.46 in three years, and $9.37 in four years, and 3) after the dividend is paid in four years, the dividend is expected to begin growing by 4.2 percent per year forever, then what is the current price of the stock? a. $54.46 (plus or minus $0.10) b. $59.55 (plus or minus $0.10) C. $47.64 (plus or minus $0.10) d. $82.46 (plus or minus $0.10) e. None of the above is within $0.10 of the correct