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Lorenal & Pries Lat. just paid an annual dividend of $2.I a share. The firm expects to increase this dividend by seven per cent per

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Lorenal \& Pries Lat. just paid an annual dividend of \$2.I a share. The firm expects to increase this dividend by seven per cent per year over the following three yearn. The dividend growth will be rwo per cent annually therealter. Which one of the following options would rerult in the correct cornputation of the dividend in five years? (82.100(1.07)3. (52.10)(1.07)2(1,02)5 (52.10)(1.03)3(1.02)2 (52.10)1102)3 (52.10)(1.073)(1.022)

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