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Company A ' s stock is currently trading at $ 3 0 per share. The stock ' is expected to pay 2 dollars dividend in

Company A's stock is currently trading at $30 per share. The
stock ' is expected to pay 2 dollars dividend in year 1,3 dollars
in year 2, X dollars dividend per year for ever after that. The
required rate of return on the stock is 10% per year. What is the
amount of the dividend X?a) $2.54b) $3.11c) $1.50d) $i.43e) $1.58

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