You find a stock that has announced that it will pay its first dividend of $1.65 in seven years and then grow the dividend at 4.5% afterward. If you require a return of 14%, what is the most you would be willing to pay for the stock today?

You find a stock that has announced that it will pay its first dividend of $1.65 in seven years and then grow the dividend at 4.5% afterward. If you require a return of 14%, what is the most you would be willing to pay for the stock today? O A. $6.94 O B. $8.27 O C. $17.37 D. $7.91