You are trying to estimate the fair price to pay for a stock you are interested in buying and holding for the long term. It does not pay a dividend. Its EPS next year is expected to be $1.80, and you expect earnings to grow at a steady state of about 15% per year for the foreseeable future. Your required rate of return on this stock is 20%/year. What is your best estimation of a fair stock price from this data? 55.14 $0.09 59.00 $150.00 $36.00