Suppose the Pale Hose Corp. is expected to pay a dividend next year of OMR2.25 per share. Both sales and profits for Pale Hose are expected to grow at a rate of 20% for the following 2 years and then at 5% per year thereafter indefinitely Dividend growth is expected to match sales growth. If the required return is 15%, what is the value of a share of Pale Hose? Select one: O a. OMR39.25 O b. OMR22.75 O COMR32.40 O d. OMR28.50 O e. OMR26.00