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show all the work please E. $30.90 29. A stock you are interested in paid a dividend of $1 last month. The anticipated growth rate

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show all the work please
E. $30.90 29. A stock you are interested in paid a dividend of $1 last month. The anticipated growth rate in dividends and earnings is 25% for the next 2 years before settling down to a constant 5% growth rate. The discount rate is 12%. Calculate the expected price of the stock. A. $15.38 B. $20.50 C. $21.04 D. $22.27 E. $26.14

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