2. Nonconstant Growth. A company will pay a $2 per share dividend in one year. The dividend in two years will be $4 per share, and it is expected that dividends will grow at 5% per year thereafter. The expected rate of return on the stock is 12%. ( LLO - 2) a. What is the current price of the stock? b. What is the expected price of the stock in a year? c. Show that the expected return, 12%, equals dividend yield plus capital appreciation