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Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $4.88 Discount Rate 8.34% Growth rate in

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Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $4.88 Discount Rate 8.34% Growth rate in dividends 0 to 1 8.89% Growth rate in dividends 1 to 2 7.13% Growth rate in dividends 2 to 3 6.28% Growth rate in dividends 3 onward 3.75%

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