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need some help solving this step by step without excel thank you! Smith Construction, Inc. just paid a $2.78 dividend. The dividend is expected to

image text in transcribedneed some help solving this step by step without excel thank you!

Smith Construction, Inc. just paid a $2.78 dividend. The dividend is expected to grow by 4% each year for the next three years. After that the company will never pay another dividend ever again. If your required return on the stock investment is 10%, what should the stock sell for today? Select one: A. $15.63 B. $46.33 C. $28.91 D. $7.46

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