LSP Co.s stock price is $58.88, and it recently paid a $2.00 dividend. This dividend is expected to grow by 52% for the next 3 years, then grow forever at a constant rate, g; and rs = 12%. At what constant rate is the stock expected to grow after Year 3? *

a) 9.5%

b) 6.25%

c) 15.75%

d) 33.33%

e) None of the above