28. The Construction Company expects to increas the following year, and 15% the third year. After the third year, divi "pany expects to increase its annual dividends by 30% next year, 20% rate of 4% per year indefinitely. If the last dividend was $1.20 and the o the third year. After the third year, dividends will increase at a 9.3%, what is the current stock price? (4 points) dividend was $1.20 and the required return is