Karen purchased 100 shares of NewWave, Inc. stock and expects it to pay a dividends of $1.75 in 1 year, $2.50 in 2 years, and $4.25 in 3 years. In three years she expects to sell the stock for $65. If her required return for purchasing the stock is 15 percent, how much is the stock worth today? Please click on the following link to access a blank worksheet Click to open: : $48.95 $33.15 $57.19 $599.39