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Question 8 3.34 pts Thought Co. Inc. is a fast growing technology company. The company just paid its first dividend of $1.00 per share. Given

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Question 8 3.34 pts Thought Co. Inc. is a fast growing technology company. The company just paid its first dividend of $1.00 per share. Given its rapid growth it expects to have the following annual dividend increases: Years 1 and 2 25% Years 3, 4 and 5 15% Thereafter a constant rate of 5% Investors believe the company to be risky and require a rate of return of 16% on its stock. What is the company's current share price? O $17.70 O $16.46 $17.06 O $15.95

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