Question 8 (1 point) Saved Sawchuck Consulting has been profitable for the last 5 years, but it has never paid a dividend. Management has indicated that it plans to pay a $0.25 dividend 3 years from today, then to increase it at a relatively rapid rate for 2 years, and then to increase it at a constant rate of 8.00% thereafter. Management's forecast of the future dividend stream, along with the forecasted growth rates, is shown below. Assuming a required return of 11.00%, what is your estimate of the stock's current value? Year 0 1 Growth rate NA NA NA NA 50.00% 25.00% 8.00% Dividends 50.000 $0.000 $0 000 50.250 50.375 $0.469 $0.506 a) 5994 b) $10.72 c) $1019 d) $10:43 $10.99