1. Buckstars Inc. is a rapidly growing exotic herb company. The firm expects to pay its first dividend of $2.90 per share 3 years from today and management then expects to grow the dividend at 28% for 2 years. As competition enters the market, dividend growth after that will drop to 3% forever. If the appropriate discount rate is 10%, what is the share price today? Solve in excel and round your final answer to 2 decimal places.