Suppose the Pale Hose Corp. is expected to pay a dividend next year of $3.75 per share. Both sales and profits for Pale Hose are expected to grow at a rate of 17.00% for the following two years and then at 1.00% per year thereafter indefinitely. Dividend growth is expected to match sales growth. If the cost of equity is 14.00%, what is the value of a share of Pale Hose today? $37.05 $20.01 O $21.15 O $23.56 im