WaWa Convenience Stores stock is growing quickly. Dividends are expected to increase by 8 percent annually for the next three years, with the growth rate falling off to a constant 3 percent thereafter. The required return is 14 percent and the company just paid its annual dividend of $3.46 per share. What is the current share price? O $48.96 O $36.87 O $38.79 O $41.87 O None of these answers are correct

WaWa Convenience Stores stock is growing quickly. Dividends are expected to increase by 8 percent annually for the next three years, with the growth rate falling off to a constant 3 percent thereafter. The required return is 14 percent and the company just paid its annual dividend of $3.46 per share. What is the current share price? $48.96 $36.87 $38.79 $41.87 None of these answers are correct