Question: 3 points Save Answe You are evaluating a stock that is expected to experience supernormal growth in dividends of 19% over the next two years.

3 points Save Answe You are evaluating a stock that is

3 points Save Answe You are evaluating a stock that is expected to experience supernormal growth in dividends of 19% over the next two years. Following this period, dividends are expected to grow at a constant rate of 39. The stock paid a dividend of $2 last year and the required return on the stock is 1296. What is the fair present value of this stock

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