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Please do the math and show and not do it on excel Given the information in the table, what is the price of the stock

image text in transcribedPlease do the math and show and not do it on excel

Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $4.47 Discount Rate 6.03% Growth rate in dividends 0 to 1 9.87% Growth rate in dividends 1 to 2 7.56% Growth rate in dividends 2 to 3 6.46% Growth rate in dividends 3 onward 4.58%

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