Question 4 (1 point) An analyst has been following American Dream stock. He projects the following dividends for the next three years: Year 1 Dividend $1.66 Year 2 Dividend = $2.29 Year 3 Dividend = $3.06 The analyst notes that American Dream stock has a required return of 14.50%. The analyst projects that dividends will grow at a constant rate of 3.00% per year after year 3 forever. The current price of the stock, if his assumptions are correct, is $ 1) 23.49 2) 24.00 3) 25.86 4) 27.19 5) 28.74