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Question 104 pts Given the information in the table, what is TODAYs price of the stock? Todays Dividend $2.87 Discount Rate 8.00% Growth rate in

Question 104 pts

Given the information in the table, what is TODAYs price of the stock?

Todays Dividend

$2.87

Discount Rate

8.00%

Growth rate in dividends 0 to 1

6.00%

Growth rate in dividends 1to 2

2.00%

Growth rate in dividends 2 to 3

7.00%

Growth rate in dividends 3 onward

5.00%

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