Question 1 (1 point) At the end of the year 2020 Brown Bear Corporation paid dividends $3.83 per share. The company projects the following annual growth rates in dividends: Year Growth Rate 2021 12% 2022 12% 2023 12% 2024 9% 2025 9% 2026 6% From year 2027 onward growth in dividends is expected to remain constant at 2% per year. The required rate of return for this stock is 8.49%. Calculate the economic value of the stock now (end of the Year 2020). Your