value 10.00 points Problem 8-19 Supernormal Growth [LO1] Momsen Corp. is experiencing rapid growth. Dividends are expected to grow at 26 percent per year during the next three years, 16 percent over the following year, and then 9 percent per year indefinitely. The required return on this stock is 11 percent, and the stock currently sells for $90 per share. What is the projected dividend for the coming year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Projected dividend References eBook & Resources Worksheet Difficulty: Intermediate Section: 8.1 Common Stock V Problem 8-19 Supernormal Learning Objective: 08-01 How stock