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Question 12 1 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $3.54 Discount Rate

Question 12 1 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $3.54 Discount Rate 7.64% Growth rate in dividends 0 to 1 9.24% Growth rate in dividends 1 to 2 8.82% Growth rate in dividends 2 to 3 5.72% Growth rate in dividends 3 onward 4.79%

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