Stewart Industries expects to pay a $3.00 per share dividend on its common stock at the end of the year D $3.00). The dividend is expected to grow 25 percent a year until t 3, after which time the dividend is expected to grow at a constant rate of 5 percent a year. The stock's beta is 1.2, the risk-free rate of interest is 6 percent, and the market rate of return is 11 percent. What is the company's current stock price? 2pts. Show all work and clearly explain your answer for any credit. 2