10. Sunak Enterprises is planning to expand and has decided to cut all dividends for the next 5 years (D1 through D5=0 ) to help fund the project. It will resume dividends at T=6, paying a $3 dividend. Dividends will then grow at 2%,3%, and 4% in the following three years, respectively. Sunak then plans to grow dividends at 5% annually thereafter. If your required return is 10%, what is Sunak's stock price today (T=0)