7 City Corp. is experiencing rapid growth. Dividends are expected to grow at 20% per year during the next three years, 10% over the following year, and then 4% per year indefinitely. The required return on this stock is 10%. What is the projected stock price for the coming year, if it just paid a $2 dividend? 5 points 8 00:20:01 Multiple Choice $43.66 $32.55 $21.44 $65.88 $54.77