Inc, has a unique dividend policy. This recent startup is expecting to pay a dividend of $2.00 in the next year, a dividend of $2.50 2, and a dividend of $3.00 in the third year. After year 3, the company is anticipating increasing its dividend by 2.5% per year definitely. The required return by share holders is currently 12%. That is the price of the stock? $26.10 $27.90 $24.71 $28.96