The price of Corporation stock is expected to be $68 in 5 years. Dividends are anticipated to increase at an annual rate of 20 percent from the most recent dividend of $2.00. If your required rate of return is 16 percent, how much are you willing to pay for Corporation stock?
A) $ 41.56 B) $ 42.35 C) $ 41.09 D) $ 43.46