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Question 2 1 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $3.60 Discount Rate

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Question 2 1 pts Given the information in the table, what is the price of the stock in YEAR 1? Today's Dividend $3.60 Discount Rate 8.38% Growth rate in dividends 0 to 1 9.82% Growth rate in dividends 1 to 2 6.23% 6.91% Growth rate in dividends 2 to 3 Growth rate in dividends 3 onward 3.35%

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