Springfield Nuclear just paid a dividend of $3 that is expected to double each year for the next four years, then grow at a constant rate of 5%. If the required return on the stock is 8%, what should be the current stock price of the stock? $1,418.22 O $1,680.00 O $1,458.96 O $1,305.03

Springfield Nuclear just paid a dividend of $3 that is expected to double each year for the next four years, then grow at a constant rate of 5%. If the required return on the stock is 8%, what should be the current stock price of the stock? $1,418.22 $1,680.00 $1,458.96 $1,305.03