3 Canvas A stock paid a dividend of $280. The dividends will grow at a constant rate of 3.0%. If the investors require a return rate of 8.8%, what is the current price of the stock? $5.121.58 $9.613.33 $4,97241 $3.277.27 $4,823 24 Question 30 1 pts A company announces to pay a stock dividend of 512 next year. The dividends will grow at a constant rate of 5.0% thereafter. The required rate of return is 6.0%. Find the current price of the stock $240.00 $1.200.00 $1,188.00 $1.260.00 $200.00