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What would be the approximate expected price of a stock when dividends are expected to grow at a 26% rate in each of years 2

What would be the approximate expected price of a stock when dividends are expected to grow at a 26% rate in each of years 2 and 3, and then grow at a constant rate of 4% if the stock's required return is 15% and next year's dividend will be $2.80?

Multiple Choice

$68.64
$30.13
$35.66
$41.19

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