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Given the information in the table, what is the price of the stock in YEAR 1? Todays Dividend $3.78 Discount Rate 7.94% Growth rate in

Given the information in the table, what is the price of the stock in YEAR 1? Todays Dividend $3.78 Discount Rate 7.94% Growth rate in dividends 0 to 1 7.52% Growth rate in dividends 1 to 2 8.95% Growth rate in dividends 2 to 3 6.38% Growth rate in dividends 3 onward 3.08%

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