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Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $3.91 Discount Rate 7.58% 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 $3.91 Discount Rate 7.58% Growth rate in dividends 0 to 1 8.24% Growth rate in dividends 1 to 2 8.60% Growth rate in dividends 2 to 3 5.61% Growth rate in dividends 3 onward 4.94%

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