15. Howie plans to buy a share of Watson stock today and to hold it for 4 years. Her expectation is that she will not receive dividends in the first three years, but she will receive a dividend of $9.25 at the end of year 4. In addition, she expects to sell the stock for $150 at the end of year 4. If her required rate of return is 12%, how much should Howie be willing to pay for this stock