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show financial calculations Womack Toy Company's stock is currently trading at $48 per share. The stock's dividend is projected to increase at a constant rate

show financial calculations
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Womack Toy Company's stock is currently trading at $48 per share. The stock's dividend is projected to increase at a constant rate of 7.5 percent per year. The required rate of return on the stock, rs, is 10.3 percent. What is the expected price of the stock 6 years from today? \begin{tabular}{|l|} \hline$74.08 \\ \hline$71.08 \\ \hline$77.08 \\ \hline$80.08 \\ \hline$83.08 \\ \hline \end{tabular}

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