Question: A stock you are interested in paid a dividend of $1 last year. The anticipated growth rate in dividends and earnings is 20% for the

A stock you are interested in paid a dividend of $1 last year. The anticipated growth rate in dividends and earnings is 20% for the next 2 years before settling down to a constant 5% growth rate. The discount rate is 10%. Calculate the expected price of the stock. Question 10 options:

$15.38
	$20.50
	$26.62
	$27.27
	$29.14

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