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Please help Arcturus, Inc. just paid a dividend of $3.20 (i.e., D0=3.20 ). Arcturus's dividends will grow at 25% next year and then 30% for

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Arcturus, Inc. just paid a dividend of $3.20 (i.e., D0=3.20 ). Arcturus's dividends will grow at 25% next year and then 30% for the two years after that. After that, the dividend will grow at 4% forever. Assuming a 11% cost of equity, the current stock orice should be $ 1) 86.20 2) 90.15 3) 85.02 4) 87.39 5) 88.90

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