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Big Tent Company just paid a dividend of $405. The growth rate in dividends is expected to be 16 percent per year for the next

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Big Tent Company just paid a dividend of $405. The growth rate in dividends is expected to be 16 percent per year for the next three (3) years and then the dividend growth rate is expected to decline to a constant 6 percent thereafter if the required rate of return is 13 percent, what is the value of this stock at the end of year 3? Multiple Choice $100.76 $93.27 $103.35 $98.22 $9573

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