3) (3.5 points) Non-constant growth dividends: Current dividend - De = $3. The growth rate = 20% from Year Oto Year 1, 15% for Year 1 to Year 2, 10% for Year 2 to Year 3, and then long-run constant gu = 6%. Required return = 15%. What is the current stock price? 4) (1.5 point) Preferred stock: A company pays $2 in preferred dividend. It has a constant growth rate of 6%. What is the company's preferred stock price