Garcia Inc. has a current dividend of 53.00 per share (D_0 = $3.00) Analysts expect that the dividend will grow at a rate of 25 percent a year for the next three years, and thereafter it will grow at a constant rate of 10 percent a year. If an investor's required rate of return is 15 percent, what should be the current stock price of Garcia Inc.? $7500 $88.55 $103.25 $110.00 Company 1C paid a dividend of $0.50 last year the growth for the next 15 years is to be 20% and then the growth rate is expected to be a constant 7 percent thereafter the required rise of return on equity 10 percent What is the current price of the common stock