Question: help / please What would be the approximate expected price of a stock when dividends are expected to grow at a 21% rate in each

help / please help / please What would be the approximate expected price of a

What would be the approximate expected price of a stock when dividends are expected to grow at a 21% rate in each of years 2 and 3, and then grow at a constant rate of 6% if the stock's required return is 12% and next year's dividend will be $3.00? Multiple Choice $63.93 $74.98 $52.88 $68.64

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