Question: How do we solve this problem? DBP Inc. just paid a dividend of $0.52. The expected growth rate of dividend is 3 percent. The required

How do we solve this problem?

DBP Inc. just paid a dividend of $0.52. The expected growth rate of dividend is 3 percent. The required return for investors in the first three years is 12 percent and 10 percent for the following three years. After those six years the required return is 8 percent. What is the current share price of the stock? Please show work.

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