Question: Question 7 4 pts Given the information in the table, what is TODAY's price of the stock? Today's Dividend $4.85 Discount Rate 6.00% Growth rate

Question 7 4 pts Given the information in the table, what is TODAY's price of the stock? Today's Dividend $4.85 Discount Rate 6.00% Growth rate in dividends 0 to 1 3.00% Growth rate in dividends 1to 2 1.00% Growth rate in dividends 2 to 3 3.00% Growth rate in dividends 3 onward 17.00%

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