10. Problem 9.11 (Valuation of a Constant Growth Stock) A stock is expectid to pay a dividend of $2.50 at the end of the year (i.e., D1=$2.50), and it thould continue to grow ot a constant rote of 3% a year, if its required retum is 13%, what is the stock's expected price 5 years from today? Do not round intarmediate calculotions. Round your answer to the neareat conti