Suppose you expect a stock's dividend to grow at $18$ percentayear for the next three years and $12$ percent thereafter. The current dividend is $$4.$ What is the maximum price that you would be willing to pay for this security if you require a $14$ percent rate of return?Suppose you expect a stock's dividend to grow at $18$ percentayear for the next three years and $12$ percent thereafter. The current dividend is $$4.$ What is the maximum price that you would be willing to pay for this security if you require a $14$ percent rate of return?