2. (three-stage DDM) The current dividend for Hugh Corp is $4.00. In stage 1, which lasts 4 years, the dividend will grow at 30% per year. In stage 2, which also lasts 4 years, the dividend will grow at 15% per year. Finally, in stage 3, the dividend will grow at 6% forever. If the required rate of return is 11%, what is the value per share?