A company will not pay a dividend for 3 years and then pay a dividend of $4. In 3 years they anticipate that dividend will grow 30% for one year and then have constant growth of 6% forever. If the required rate of return for this stock is 12%, what is the value of the stock today? a. 55.73 b. 58.50 c. 49.48 d. 53.25 e.64.53