Problem: Calculate the price that you would be willing to pay for the following 'non-constant growth' stock that has the following characteristics:
- Non-Constant Growth Rate: -5.67% for 3 years,
- Constant Growth Rate: 6.10%,
- Last Dividend: $2.35, and
- Investor's Required Rate of Return: 12.3%.
Note: Provide thorough explanation of the given question.