Question: Please help Question 3 (2.5 points) Listen Saga Tech, Inc. just paid a dividend of $4.00 per share (that is, DO = 4.00). The dividends

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Question 3 (2.5 points) Listen Saga Tech, Inc. just paid a dividend of $4.00 per share (that is, DO = 4.00). The dividends of Saga Tech are expected to grow at a rate of 20 percent next year (that is, g1 = .20) and at a rate of 10 percent the following year (that is, g2 = .10). Thereafter (i.e., from year 3 to infinity) the growth rate in dividends is expected to be 5 percent per year. Assuming the required rate of return on SagaTech, Inc. stock is 17 percent, compute the current price of the stock. Record your answer as a dollar amount rounded to 2 decimal places, but do not include a dollar sign or any commas in your answer. For example, record $18,124.24985 as 18124.25. Your

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