Question: Question 17 (5 points) Cubbies Corp is expected to pay a dividend of $2.00 per share at the end of year one through the end

Question 17 (5 points) Cubbies Corp is expected to pay a dividend of $2.00 per share at the end of year one through the end of year three. Afterwards, dividends are expected to grow at 2% per year indefinitely. If the equity cost of capital (i.e., discount rate is 6%) what is the price per share of Cubbies' stock today? $33.89 $5.35 $48.17 $38.68

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