A stock is expecting 4 years of non-constant growth in dividends followed by a constant growth rate in year 5 and beyond. How would you go about finding the value of this stock today?

Group of answer choices, one is correct

a) Find the present value of the next 4 expected dividends.

b) Find the present value of the next 4 expected dividends plus the present value of the expected year 5 constant growth stock value.

c) Find the present value of the next 4 expected dividends plus the present value of the expected year 4 constant growth stock value.

d) Find the present value of the expected year 4 constant growth stock value.