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5) Price a supernormal (nonconstant) growth stock with the following information: Current Dividend (D) is $1.50 growth rate year 1 is -10% growth rate year

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5) Price a supernormal (nonconstant) growth stock with the following information: Current Dividend (D) is $1.50 growth rate year 1 is -10% growth rate year 2 is 0% growth rates years 3-4 are 20% growth rate year 5 is 150% growth rate years 6 through inhnity is 3% required return is 15%

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