3. Suppose we have a stock that most recently paid a dividend of $0.50. You expect the company to increase the dividend by 35% for the next three years, 20% for five years after that, and then level off to a constant growth rate of 3%. a. Find the stock price if the required return is 11%. b. Trace stock price, dividend yield, and capital gains yield over time if the required return is 11% c. Find the implied required return if the stock price is currently $20