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3 . Volcano is a matured manufacturing firm. The company just paid a dividend of $ 1 0 . Dividends are expected to grow at

3. Volcano is a matured manufacturing firm. The company just paid a dividend of $10.Dividends are expected to grow at 4% for the next ten years, with the growth rate falling off to a constant 2% thereafter. Investors require a return of 15% on the stock for the first five years, a return of 12% for the next five years, and then a return of 10% thereafter. What is the current share price for the stock?

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