1.Triangular Co.will par a dividend of $3.25 per share,today. The company will continue to pay dividends on a yearly basis, and increase its dividend by 12 percent per year for the next 5 years. After that,the expected dividend growth rate will be negative 3percent per year forever. If the required return on Triangular stock is 8 percent, and a stock's share price is equal to the PV of all remaining dividend payments, what will a share of Triangular Co. sell for immediately before the dividend is paid? What will the price of the stock be right after the dividend is paid?