Your company sells UNT apparels. As the university has been experiencing a rapid growth in its enrollment, your company has been doing really well. However, as the high school populations in the US is expected to decrease, the enrollment growth of UNT is expected to slow down. This will impact your business. Your company just paid a dividend of $1.60, and you expect the dividend to grow at 10 percent next year. However, you also expect the dividend growth to slow down to 4 percent the following year (year 2 ) and 2 percent in the year after that (year 3). Finally, it is expected that the dividend growth to be -3 percent, starting in year 4 and thereafter. If the required rate of return is 15 percent, what is the value of your company's stock today? $10.76 $11.55 $10.01 $12.25 $9.86