Question: > Moving to another question will save this response. Question 16 Question 16 of 17 10 points Save Answer Cellular Talk is a new firm

 > Moving to another question will save this response. Question 16

> Moving to another question will save this response. Question 16 Question 16 of 17 10 points Save Answer Cellular Talk is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 25.8 percent a year for the next three years and then decreasing the growth rate to 7.02 percent per year. The company just paid its annual dividend in the amount of $5.44 per share. What is the value of the stock today if the required rate of return is 21.13 percent? Moving to another question will save this response Question 16 of 17

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