You are selling one of the companies in your conglomerate. The company is projected to pay a dividend of $4.95 per share at the end of one year from now. The dividend is expected to grow by 2% by the end of year two and similarly every year thereafter. The appropriate risk adjusted discount rate is 10% per year. How much are you prepared to pay per share? Select one: a. $61.88 b. $51.97 c. $58.03 d. $59.38