. Y2K Technology Corporation has just paid a dividend of $0.40 per share.  The dividends are expected to grow at 30% per year for the next two years and at 5% per year thereafter.  If the required rate of return in the stock is 15% (APR), calculate the expected price of the stock next year (after the dividend payment).

1. A) $1.420
2. B) $6.33
3. C) $5.63
4. D) Any of the above
5. E) None of the above