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The growth in dividends of Bazinga Business Fund is expected to be 10% per year for the next two years, followed by a growth rate

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The growth in dividends of Bazinga Business Fund is expected to be 10% per year for the next two years, followed by a growth rate of 5% per year for three years. After this five-year period, the growth in dividends is expected to be 2% per year, indefinitely. The required rate of return on Bezingo Business Fund is 12%. Last year's dividends per stare were $2.00 What should the stock sell for today? Multiple Choice $40.00 $110.00 $8.99 $25.21 None of the options are correct

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