Question: 7 help asap What would be the approximate expected price of a stock when dividends are expected to grow at a 20% rate in each

7 help asap

What would be the approximate expected price of a stock when dividends are expected to grow at a 20% rate in each of years 2 and 3, and then grow at a constant rate of 4% if the stock's required return is 15% and next year's dividend will be $3.60? Multiple Choice O $42.03 $48.48 $68.64 $35.59

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