2- Common stock X pays a dividend of 75 at the end of the first year, with each subsequent annual dividend being 6% greater than the preceding one. Messi purchases the stock at a price to earn an expected annual effective yield of 12%. Immediately after receiving the 10th dividend, Messi sells the stock for a price P. His annual effective yield over the 10-year period was 9%. Calculate P. 2- Common stock X pays a dividend of 75 at the end of the first year, with each subsequent annual dividend being 6% greater than the preceding one. Messi purchases the stock at a price to earn an expected annual effective yield of 12%. Immediately after receiving the 10th dividend, Messi sells the stock for a price P. His annual effective yield over the 10-year period was 9%. Calculate P