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Stock XYZ has a current dividend of $5.00 Growth in dividends from today to period 1 = g1 8.00% Growth in dividends from period 1

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Stock XYZ has a current dividend of $5.00 Growth in dividends from today to period 1 = g1 8.00% Growth in dividends from period 1 to period 2 = g2 6.00% Growth in dividends from period 2 to period 3 = g3 5.00% Growth from period 3 onward (Normal growth) g = 3.00% Based on the riskiness for XYZ company, the discount rate for its stock is Rs = 6.00% = What is the price of this stock in period 1? $188.49 $200.34 $194.40 $206.35

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