None-Constant Growth Firm is a start-up company and just paid dividend of $2 (Do). Based on the projected high dividend growth rate of around 10% over the next three years, dividends are expected to be $2.20 next year (D1), $2.42 in two years (D2), and $2.66 in year three (D3). After year three the dividend growth is expected to slow down to a constant of around 5% leading to an expected dividend payment of $2.80 in year four (D4). Given the constant growth rate of 5% and a required return of 10%, what is the intrinsic value (price) per share of the stock today (PO)? None of the answers is correct $56.00 $48.07 $28.00 $24.04