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Non-constant growth Slayer Inc. has been growing at an 7% rate, and it just paid a dividend of D0=$4.00. Due to a new album, Slayer

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Non-constant growth Slayer Inc. has been growing at an 7% rate, and it just paid a dividend of D0=$4.00. Due to a new album, Slayer expects to achieve a dramatic increase in its short-run growth rate, to 25 percent annually for the next 2 years. After this time, growth is expected to return to the long-run constant rate of 7 percent. The required return on Slayer's stock is 12 percent. What should the price be today

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