You are valuing your stock and you expect the next dividend at t = 1 be $2.30 dividends and you expect to grow by 20% per year for the next 7 years. After this high growth period dividends are expected to grow by 4% thereafter if investors require 10% return what is the estimated stock price?

 

83.72

165.99

40.04

89.78

18.65

78.21

41.73