22.Terry has one share of stock and one bond. The total value of the two securities is $1,200. The bond has a YTM of 10.20 percent, a coupon rate of 9.20 percent, and a face value of $1,000; pays semi-annual coupons with the next one expected in 6 months; and matures in 8 years. The stock pays annual dividends that are expected to grow by 1.90 percent per year forever. The next dividend is expected to be paid in one year. The stock has an expected return of 14.10 percent per year. What is the dividend in 1 year expected to be for the stock?