3. Ford Motor Co. current stock price is $36, and its last dividend was $2.40. The required rate of return for Ford is 12%.If dividends are expected to grow at a constant rate, g, what is Ford Corp.'s expected stock price four years from now? P0=36,D0=2.4,r=12%.P4 ? Step 1. Start with constant growth model: P=D1/(rg) and just plug in what you're given: Step 2. Calculate the dividend five years from now