Intro A stock just paid an annual dividend of $2.4. The dividend is expected to grow by 7% per year for the next 4 years. The growth rate of dividends will then fall steadily by 1.25% per year, from 7% in year 4 to 2% in year 8 and stay at that level forever. The required rate of return is 12%. To Attempt 1/2 for 10 pts. Part 1 What is the expected dividend in 8 years? 2+ decimals Submit IB Attempt 1/2 for 10 pts. Part 2 What is the expected stock price in 8 years? 1+ decimals Submit IB Attempt 1/2 for 10 pts. Part 3 What should be the current stock price? 1+ decimals Submit