Consider a firm that had been priced using a $10$ percent growth rate and a $14$ percent required rate. The firm recently paid a $$1\mathrm{.}00$ dividend. The firm has just announced that because of a new joint venture, it will likely grow at a $12$ percent rate. How much should the stock price change $($in dollars and percentage$)?$

Multiple Choice

$$25,1$ percent

$$25,100$ percent

$$28\mathrm{.}50,1\mathrm{.}04$ percent

$$28\mathrm{.}50,104$ percent