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You are considering buying common stock in Grow On, Inc. The firm yesterday paid a dividend of $7.30. You have project that dividends will grow

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You are considering buying common stock in Grow On, Inc. The firm yesterday paid a dividend of $7.30. You have project that dividends will grow at a rate of 14.0% per year indefinitely. The firm's beta is 1.80, the risk-free rate is 5.2%, and the market return is 13.4%. What is the most you should pay for the stock now? $139.63 $122.48 $36.57 $41.69 $152.55

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