Question: need expert asap Suppose a company's expected dividend pattern for three year is as follows: D1=$4,D2=$6,D3=$8. After 3 years, the dividends are expected to growth

need expert asap need expert asap Suppose a company's expected dividend pattern for three year

Suppose a company's expected dividend pattern for three year is as follows: D1=$4,D2=$6,D3=$8. After 3 years, the dividends are expected to growth at a constant rate of 8% a year. What should the current price of the firm's stock be if the required rate of return demanded by investors is 14% ? (Round final answer to two decimal places) $147.89 $87.28 $110.72 $105.21

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