Question: 1. Consider a firm that most recently paid a dividend of $2.50 per share. Its dividends are expected to grow at the rate of

1. Consider a firm that most recently paid a dividend of $2.50

1. Consider a firm that most recently paid a dividend of $2.50 per share. Its dividends are expected to grow at the rate of 25% for the next 3 years and at 4% thereafter. Find the price of a share of this firm if the RRR is 13%. $33.57 $38.82 $43.33 $48.38

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