Question: Need help with Finance Question, read it carefully and check your answer please. Thank you. Your company has the following expected dividends over the next

Need help with Finance Question, read it carefully and check your answer please. Thank you.

Need help with Finance Question, read it carefully and check your answer

Your company has the following expected dividends over the next 6 years: $2.00,$2.40,$3.20,$3.60,$4.20, and $4.41. Note that starting in Year 5 dividends will begin to grow at a constant, long-run sustainable growth rate of 5 percent (D6=$4.201.05=$4.41, etc.). Further, the risk-free rate is 4.0 percent, the Risk Premium on the Market is 6.0 percent, and the company has a beta of 1.50 Calculate the current price of this stock at Year 0. $43.75 $40.27 $52.72 $37.29 $47.84

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