You own the stock of Rorison and its current price is $36.00/ share. It pays no dividend today. Rorison has just announced that it intends to initiate a dividend of $2.50 /share at the end of Years 1,2 , and 3(12,24, and 36 months from now). But an improving future profit outlook leads you to believe that Rorison's Board will increase the Year 4 dividend by 10% to $2.75; and then to increase it further by 4% annually for the next 2 years (end of years 5 and 6); after which it will grow by 2.0% annually forever. You are seeking a 9% annual return. In light of this, should you buy more Rorison stock at the current $36 price; or should you sell all your current Rorison holdings for $36 per share and reinvest the proceeds elsewhere? Sell for $36.00 because the intrinsic value is $35.97 Buy for $36.00 because the intrinsic value is $38.29 Buy for $36.00 because the intrinsic value is $38.72 Buy for $36.00 because the intrinsic value is $37.75 Sell for $36.00 because the intrinsic value is $34.78