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If 1) the expected return for Belmont Bagels stock is 8.12 percent; 2) the dividend...

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Finance

If 1) the expected return for Belmont Bagels stock is 8.12 percent; 2) the dividend is expected to be $5.68 in one year, $0 in two years, $0 in three years, $4.04 in four years, and $2.96 in five years; and 3) after the dividend is paid in five years, the dividend is expected to begin growing by 4.19 percent a year forever, then what is the current price of one share of the stock?

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