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value: 10.00 points Marcel Co. Is growing quickly. Dividends are expected to grow at a 21 percent rate for the next 3 years, with the

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value: 10.00 points Marcel Co. Is growing quickly. Dividends are expected to grow at a 21 percent rate for the next 3 years, with the growth rate falling off to a constant 5 percent thereafter. Required: If the required return is 12 percent and the company just paid a $2.00 dividend, what is the current share price? (Do not round your intermediate calculations.) O $44.85 0 $40.79 $43.95 0 $42.32 $45.74

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