Question: please answer and explain: Katie's Cosmetics' stock prce is $30, and it recently paid a $1.00 dividend. This dividend is expected to grow by 30%

please answer and explain:

please answer and explain: Katie's
Katie's Cosmetics' stock prce is $30, and it recently paid a $1.00 dividend. This dividend is expected to grow by 30% for the next 3 years, then grow forever at a constant rate. If the required rate of return is 9%, at what constant rate is the stock expected to grow after year 3

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