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4. Stock valuation. Your task is to find the value of the stock given the following forecasts about the dividends: For the next three years,

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4. Stock valuation. Your task is to find the value of the stock given the following forecasts about the dividends: For the next three years, the forecasted dividends are 3EUR, 4EUR and 5EUR respectively. After the three years, the dividends are expected to grow by 3% per year forever. The required return, given the level of risk, from an investment into stock is 15%. Find the value of stock. If the current stock price is 40 euros, would you recommend buying this stock? Why

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