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Question 19 (4 points) Growing, Inc. is a firm that is experiencing rapid growth. The firm yesterday paid a dividend of $8.00. You believe that

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Question 19 (4 points) Growing, Inc. is a firm that is experiencing rapid growth. The firm yesterday paid a dividend of $8.00. You believe that dividends will grow at a rate of 15,0% per year for two years, and then at a rate of 9.0% per year thereafter. You expect the stock will sell for $82.37 in two years. You expect an annual rate of return of 16.0% on this investment. If you plan to hold the stock indefinitely, what is the most you would pay for the stock now? $77.01 O $121.34 $138.23 $102.47 $149.64

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