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Question 7 (1 point) Growing, Inc. is a firm that is experiencing rapid growth. The firm yesterday paid a dividend of $6.90. You believe that

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Question 7 (1 point) Growing, Inc. is a firm that is experiencing rapid growth. The firm yesterday paid a dividend of $6.90. You believe that dividends will grow at a rate of 16.0% per year for years one and two, 13.0% per year for years three and four, and then at a rate of 10.0% per year thereafter. If you expect an annual rate of return of 19.0% on this investment, what is the most you would pay for the stock now? $112.65 O $105.72 $97.68 $130.09 $89.12

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