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ALFA Co.'s stock price is $58.88, and it recently paid a $2.00 dividend. This dividend is expected to grow by 52% for the next 3

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ALFA Co.'s stock price is $58.88, and it recently paid a $2.00 dividend. This dividend is expected to grow by 52% for the next 3 years, then grow forever at a constant rate, g; and rs = 12%. 15. At what constant rate is the stock expected to grow after Year 3? * O A) 9.5% O B) 6.25% C) 15.75% O D) None of the above

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