We talked about a two stage valuation model. The equation for share price shown below was discussed as part of the lecture. What part of the share price is captured by the information shown in the first set of parentheses shown in red? Price0=(t=0N(1+r)tD0(1+g1)t)+(1+r)Nrg2DN(1+g2) For students that can't see colors, this question is asking about the part of the equation shown here: (t=0N(1+r)tD0(1+g1)t) This is the present value of the dividends after year N. This is the sum of the dividends after year N. This is the sum of the first N dividends. The dividends are growing at g1 each period. This is the present value of the first N dividends. The dividends are growing at g1 each period