The common stock issued by BBB just distributed $1.2 dividend per share.The dividends are expected togrow at 140 percent for the next year, 60 percent the following year, and 5 percent thereafter.If the required rate of return on similar stocks is 12 percent, what is the price of the stock?

Question 13 options:

$69.12

$67.33

$63.22

$61.35