Saved Question 22 (3.5 points) You are considering buying common stock in Grow On, Inc. You have projected that the next dividend the company will pay will equal $6.30 and that dividends will grow at a rate of 8.0% per year thereafter. If you would want an annual return of 12.0% to invest in this stock, what is the most you should pay for the stock now? $56.70 $170.10 $52.50 $157.50 $172.08