10. Chartreuse County Choppers Inc. isexperiencing rapid growth. The company expects dividends to grow at 25 percentper year for the next 11 years beforeleveling off at 6 percent into perpetuity. Therequired return on the company's stock is 12 percent. If the dividend per share justpaid was $1.74, what is the stock price? 11. Storico Co. just paid a dividend of $2.45 per share. The company will increase its dividend by 20 percent next year and will thenreduce its dividend growth rate by 5 percentage points per year until it reaches theindustry average of 5 percent dividend growth, after which the company will keep aconstant growth rate forever. If the required return on Storico stock is 11 percent, what will a share of stock sell for today