Question: Question 8 4 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $3.53 Discount Rate

Question 8 4 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $3.53 Discount Rate 7.92% Growth rate in dividends 0 to 1 9.06% Growth rate in dividends 1 to 2 6.07% Growth rate in dividends 2 to 3 6.80% Growth rate in dividends 3 onward 3.11%
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