Question 8 3 Points Molson Coors Beverage Company forecasts a dividend of 40 pence per share next year. The dividends are expected to be 45 pence in year two, 35 pence in year three and 55 pence in year four. Thereafter, dividends are expected to grow at a constant rate of 4% every year in perpetuity. If investors demand an expected return of 14% on the company's stock, what is the current stock price? D A $6.24 B $5.25 C) $3.40 D $1.98 E $4.65