Shareholders of Moelis & Company (ticker symbol: MC) just received an annual dividend of $2.10 per share. During the next 4 years, as a result of the strong momentum and positive outlook in their business, Moelis & Company expects its annual dividend to grow by 21% per year. Afterwards, Moelis expects to grow at a constant annual rate of 6%. If you require a 7.60% rate of return, how much will you pay today for one share of Moelis & Company? Multiple Choice $222.48 $233.85 $298.23 $235.95