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Calculate the price of a stock based upon the following terms: 4.1 Dividend: $24 Discount Rate: 12% Dividend Growth Rate: 0% What is the price

Calculate the price of a stock based upon the following terms:

4.1 Dividend: $24

Discount Rate: 12%

Dividend Growth Rate: 0%

What is the price of the stock at the end of year 3?

4.2 Dividend $8

Discount Rate: 10%

Dividend Growth Rate: 2%

What is the price of the stock at the end of year 4?

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