The McKenzie Corporation just paid a cash dividend of $2.00 today (D.). The firm will pay a dividend of $2.50 in year 1, a $3.00 dividend in year 2 and a dividend of $3.75 in year 3. After this three year period the growth rate will drop to 4% for the foreseeable future. If you are considering buying McKenzie's common stock, and, because of risks involved, require a return of at least 14%, what is the most you should be willing to pay for this stock (approximately)? a) $33** b) $44 $35