Huang Company's last dividend was $1.25. The dividend growth rate is expected to be constant at 45% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (r) is 11%, what is its current stock price? O 72.84 O 51.19 O 102.69 O 40.38 O 64.97 O 400.39 O 66.28 O 65.63 27

Huang Company's last dividend was $1.25. The dividend growth rate is expected to be constant at 45% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return ( r ) is 11%, what is its current stock price? 72.84 51.19 102.69 40.38 64.97 400.39 66.28 65.63