Please solve it for a correct answer.

Question 11 Morty's Mangos just paid a dividend of $2.00 per share. The firm plans to grow dividend payments at a constant rate of 4% for the next 3 years, and then hold dividend payments constant thereafter. The discount rate is 8%. Using the dividend discount model, what will the stock price of Morty's Mangos be three years from today (i.e., t = 3)? $28.12 $50.00 $52.00 $29.25