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Arcs and Trianglos paid an annuol dividend of $147 per, shate last month. The company is ptanning on paying 51.52, $1.5.8, and $1.60 per share

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Arcs and Trianglos paid an annuol dividend of $147 per, shate last month. The company is ptanning on paying 51.52, \$1.5.8, and \$1.60 per share over the next three yeats, tespectively. After that, the dividend will be corstant at $ t. 55 per share per year. What is the market price of this stock if the markot rate of return is 12 percent? Mistiple Cherice 31496 sinsin3 $13.54 515 or 5 9

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