The last dividend paid by coppard inc. was $1.25. the dividend growth rate is expected to be constant at 15% for 3 years, after which dividends are expected to grow at a rate of 6% forever. if the firm's required return (rs) is 11%, what is its current stock price?

a.$30.57

b.$31.52

c.$32.49

d.$33.50

e.$34.50

Your question asks what would be the current stock price.

In order to find the solution to your question, we're going to need to find how much growth the stock made in 3 years, and see how much it grew by 6% after the 3 years. WE also need to calculate the "rs" into the stock price.

Lets solve:

D = Dividend

(Numbers next to D) = Years

Once you're done solving, you should get 33.58. Since it's not an answer choice, we'll just choose the one that's close to it.

Therefore, you should get the answer D). $33.50

Answer choice D). $33.50 should be your FINAL answer.

i tried to find the answe for you im sorry.