In the following questions, unless otherwise stated, assume that all cash flows are end of the period cash flows. Question 3 1 pts The ordinary shares of LXL Ltd are expected to pay a dividend of $1.50 at the end of year 1 and market analysts expect that dividend to grow at 5% p.a. for the next three years before the growth rate rises to 10% p.a. for the foreseeable future. If the expected return on these shares is 15% their price today is closest to: $28.31 $26,42 O $38.20 O $21.84