Question 53 Today's date is March 30, 2012. E-Pay, Inc., stock pays a dividend every year on March 29. The most recent dividend was $1.50 per share. You expect the company's dividends to increase at 25% per year through March 29, 2015. After that, you expect dividends to increase by 5% yearly. Investors require a 14% return on E-Pay stock. Calculate the stock price on September 30, 2013. $34.33 $10.71 $20.89 $40.00