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Question 6 1 pts A stock will pay dividends of $1.1 starting in YR4. The dividends for YR5, YR6, and YR7 will grow by 25%,

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Question 6 1 pts A stock will pay dividends of $1.1 starting in YR4. The dividends for YR5, YR6, and YR7 will grow by 25%, 20%, and 12%. Finally, the dividends will grow at a constant rate of 6% forever. The required return on the stock is 11%. P3, the price of the stock 3 years from now, should be $

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