Staton-Smith Sottware is a new ntart-up company and will not pay dividends for the first five years of operation. It will then institute an annual cash tivividend policy of $3.00 with a constant growth rate of 3%, with the first dividend at the end of year cic. The company will be in business for 25 years fotal What is the stock's price is an investor wants a. a return of 104 ? b. a return of 15% ? c. a return of 22% ? d. a retum of 40%