30. Ridley stock has an expected return of 16% per year (effective). The next quarterly dividend is to be paid in two months and the expected amount is $10. The following 11 dividends are expected to grow at a rate of 2% per quarter. After that, dividends are expected to grow at a long-term rate of 0.75% per quarter. What is the current price of Ridley stock? a. 370.17 b. 374.78 378.14 d. 379.444 382.84 f. 387.61 g. None of the above are within $0.02 of the correct answer. c. e. 30. Ridley stock has an expected return of 16% per year (effective). The next quarterly dividend is to be paid in two months and the expected amount is $10. The following 11 dividends are expected to grow at a rate of 2% per quarter. After that, dividends are expected to grow at a long-term rate of 0.75% per quarter. What is the current price of Ridley stock? a. 370.17 b. 374.78 378.14 d. 379.444 382.84 f. 387.61 g. None of the above are within $0.02 of the correct answer. c. e