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14 Assume that the current dividend of Turki's company is $2. There will be no growth in dividends for 2 years, but dividends are expected
14 Assume that the current dividend of Turki's company is $2. There will be no growth in dividends for 2 years, but dividends are expected to grow at 8% for the following 2 years, then, dividends will grow at a constant growth rate of 12.9% thereafter. If you require a 20% rate of return on the stock, what is the current stock price of Turki's company?* (2 points) e. None of the answers a $ 21.4 O c. $ 22.9 O d. $ 23,4 O b. $ 22.1
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