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The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 22.5% for 3 years, after which

The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 22.5% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its current stock price? Select the correct answer. a. $40.20 b. $36.36 c. $39.24 d. $37.32 e. $38.28

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