Given the information in the table, what is TODAYs price of the stock Todays Dividend $3 65 Discount Rate 7 00 Growth rate in dividends 0 to 1 8 00 Growth rate in dividends 1to 2 4 00 Growth rate in dividends 2 to 3 1 00 Growth rate in dividends 3 onward 6 00

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Given the information in the table, what is TODAYs price of the stock? Todays Dividend $3.65 Discount Rate 7.00% Growth rate in dividends 0 to

Given the information in the table, what is TODAYs price of the stock?

Todays Dividend	$3.65
Discount Rate	7.00%
Growth rate in dividends 0 to 1	8.00%
Growth rate in dividends 1to 2	4.00%
Growth rate in dividends 2 to 3	1.00%
Growth rate in dividends 3 onward	6.00%

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