d$.$ the effect would depend on what the origual

$22.$ You find a stock that doesn't currently pay a dividend, but has announced that it will pay its first dividend of $$15$ in eleven years and then grow the dividend at $5\%$ per year afterward. If your required return is $15\%,$ what is the most you would be willing to pay for the stock today?

a$.$ $$32\mathrm{.}24$

b$.$ $$150\mathrm{.}00$

c$.$ $$28\mathrm{.}04$

d$.$ $$112\mathrm{.}18$

e$.$ $$37\mathrm{.}08$