The Green Recycling Company is in the stage of high growth and thus will not pay any dividends for the next 3 years. After that, starting at the end of year 4, the company will pay a dividend of $0.75 per share to its common shareholders and increase the dividend by 12% each year until it pays $1.50 at the end of year 10. After that the dividend will remain at $1.50 per year forever. If you are interested in investing in this company and requires a rate of return of 10% per year on this investment, how much should you pay for the stock? Your choice: 9/10 Qs A: $8.78 B: $10.48 C: $9.57 D: $7.75