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A stock will pay a $3 divident one year from today(t=1). The dividend is expected to...

A stock will pay a $3 divident one year from today(t=1). The dividend is expected to grow by 14% per year for the subsequent 3 years, adn then by 4% per year thereafter. assume that the return is 12% per year , compounded annually.

a)at what price should the stock sell today?

b) at what price should the stock sell three years from today (at t=3, the instant before the t=3 div is paid)

c) at what price should the stock sell three years from today(at t=3, the instant after the t=3 div is paid)

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