10 points) Corn, Inc., has just paid a dividend of $1.2 per share and has announced that it will increase the dividend by 15%, 10%, and 5% for each of the next three consecutive years. Afterwards, the company pledges to maintain a constant 3 percent growth rate in dividends, forever. If the required return on the stock is 8 percent, how much will you pay for a share of Corns stock today?