Question: Use Excel for this question: A company announced that it will pay a $ 2 . 0 0 dividend, a $ 2 . 5 0

Use Excel for this question: A company announced that it will pay a $2.00 dividend, a $2.50 dividend, and a $3.70 dividend in years 1,2, and 3, respectively. A year 3, the dividends are expected to grow at 6% every year. What is the price of this stock today, given an 7% rate of return?
$327.23
$342.34
$311.46
$389.76
 Use Excel for this question: A company announced that it will

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