Sandy Inc. Just paid its annual dividend of $.35 per share. For the next 3 years, the dividends are expected to grow at 25 percent annually and then level off to an annual growth rate of 4 percent indefinitely. What is the price of this stock today given a required return of 12 percent? (Round all intermediate calculations to 4 decimal places) Multiple Choice $8.89 $764 $916 O O O O $973 $936