Question: Which is the amount that should be paid for a stock that will pay a dividend of $2.48 in one year and $2.12 in two

Which is the amount that should be paid for a stock that will pay a dividend of $2.48 in one year and $2.12 in two years? After that, the stock price will grow at a constant rate of 5% per year forever. The appropriate discount rate is 12%.

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