Today your company paid a dividend (D0) of $3 per share. The growth rate of the

dividend is expected to be 15% for the next two years, and then 6% thereafter. The cost

of capital is 10%. For each question, choose the closest answer. What is your estimate of your firms stock price two years from now (P2)?

a) $96.20

b) $79.50

c) $105.10

d) $86.90

e) $93.30