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Huang Company's last dividend was $1.15. The dividend growth rate is expected to be constant at 47.5% for 3 years, after which dividends are expected

Huang Company's last dividend was $1.15. The dividend growth rate is expected to be constant at 47.5% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 13%, what is its current stock price? Do not round intermediate calculations. a. $44.75 b. $45.90 c. $47.15 d. $50.57

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