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Consider a stock that will have dividends in the next three periods of $1.29,$1.54, and $1.59, respectively. The interest rate is 12%. What is the
Consider a stock that will have dividends in the next three periods of $1.29,$1.54, and $1.59, respectively. The interest rate is 12%. What is the growth rate of the dividend in period 3 ? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES. Correct response: 3.250.01% Click "Verify" to proceed to the next part of the question. If the growth rate is expected to be 3.25% indefinitely, what is the price of the stock in period 2 ? Enter your response below rounded to 2 DECIMAL PLACES. Correct response: 18.170.01 Click "Verify" to proceed to the next part of the
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