Question 9 (2 points) Kara's Krumpets LLC just paid a $5 dividend. The company's goods are in high demand and the company is in a high-growth phase. Annual growth in both dividends and earnings is expected to be g' = 6% for the next 2 years. After that time, growth is expected to fall to the industry average of g = 2% per year. The required return for this equity risk-class is 6%. What is equity value using a discounted cash flow approach? a) $0 b) greater than $0 but less than or equal to $80 c) greater than $80 but less than or equal to $90 d) greater than $90 but less than or equal to $100 e) greater than $110 but less than or equal to $120 f) greater than $120 but less than or equal to $130 g) greater than $130 but less than or equal to $140 h) greater than $140 but less than or equal to $150 O i) greater than $150