12) You buy a share of stock now. You expect to receive a dividend of $1 one year from now, $2 two years from three years from now, and $7 four years from now. After that, the dividends are expected to increase ssume that the interest rate is 11% Assume that you can buy or sell the stock at anytime by 7% per year. A for its "present value" at that time. If you b dividend payment), what is your profit? (Don't worry about the time value of money on the dividends or capital gains/losses in calculating your profit.) a) 37.05 uy the stock now, and sell it three years from now (right after the third b) 42.19 c) 45.21 d) 48.59 e) 51.36