Q$5)$ Multistage DDM

A company just paid a dividend of $D_0=$$$3\mathrm{.}00.$ The dividend is expected to grow at a rate of $g_1=10\%$

per year for years $t=1$ and $t=2,$ and then grow at a rate of $g_2=6\%$ per year thereafter, $(e.g.,t=3,$dots$).$ The

discount rate for the stock is $k=8\%.$

a$)$ What is the intrinsic stock price $P_0?$

b$)$ What is the expected divided in year $t=3?$ E$.$g$.,$ what is $E(D_3)?$

c$)$ What is the expected stock price at year $t=3?$ E$.$g$.,$ what is $E(P_3)?$