An ordinary share just paid a dividend of $1.20. The share is expected to pay annual dividends growing at 3% p.a. forever. Use the dividend discount model (DDM). If the rate of return is 11% p.a., which of the following can be used to find the share price in three years (only one correct answer)? (2 marks) 01.2* (1.03)*4/(0.11-0.03) 01.2*(1.11)^3/(0.11-0.03) None of the options give the correct answer. 01.2*(1.11)^4/(0.11-0.03) 01.2/(0.11-0.03) 01.2" (1.03)^3/(0.11-0.03) The share price in three years should be (Round your answer to 2 decimal places. Do not include the $ symbol. Do not use comma separators. E.g. 1234.56) (1 mark)