Stock XYZ has a current dividend of $5.00 Growth in dividends from today to period 1 = 8.00% Growth in dividends from period 1 to period 2 = 7.00% Growth in dividends from period 2 to period 3 = 6.00% Growth from period 3 onward (Normal growth) =3.00% Based on the riskiness for XYZ company, the discount rate for its stock is Rs = 4.00% What is the price of this stock in period 1? $576.80 $630.84 O $612.47 $594.47