3.) Isle of Skye Pineapple Plantations Ltd. is expected to have 25 percent dividend growth for the next two years. Beginning in year three, this growth rate is expected to drop to 7 percent per year and last indefinitely. The company just paid a 0.20 dividend and the appropriate discount rate is 15 percent. What is the value of a share of the company? Show the formulas used, with values inserted. (15) End of year Dividend Present Value of dividend 1 2 3