You have been asked to calculate ate the fair price for the common stock of WXY, Inc. rough a period of rapid expansion, and it is expected that y20% per year for the next three years and 10% per year for er that time, dividend growth should stabilize at the historic rate esterday the company paid its annual dividend in the amount of re. Based on market conditions, this stock should be priced to yielo price fo dividends will grow b two more years. Aft of 5% per year. Y $1.50 per sha 12%. What is the fair price for WXY common stock?