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Clapper Corporation is expected to pay the following dividends over the next four years: 510, $14, 57 and 52. Afterwards, the company pledges to maintain

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Clapper Corporation is expected to pay the following dividends over the next four years: 510, $14, 57 and 52. Afterwards, the company pledges to maintain a constant 5 percent growth rate in dividends, forever. If the required return on the stock is 14 percent, what is the current share price? (Hint: Dy -$10, D2-$14, D3-57 and DA-2) $29.85 $39.27 $37.25 $33.77

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