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Question 41 1 pts Stock XYZ has a current dividend of $4.00 Growth in dividends from today to period 1 = 7.00% Growth in dividends

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Question 41 1 pts Stock XYZ has a current dividend of $4.00 Growth in dividends from today to period 1 = 7.00% Growth in dividends from period 1 to period 2 = 6.00% Growth in dividends from period 2 to period 3 = 5.00% Growth from period 3 onward (Normal growth) g = 3.00% Based on the riskiness for XYZ company, the discount rate for its stock is Rs = 6.00% What is the price of this stock in period 1? $154.08 $163.55 $149.40 $158.79

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