6. A stock just paid a $0.50 dividend. Dividends are paid at exactly the same date and time each year. So they are always exactly one year apart. Over the next five years, you expect the dividend to increase by $0.25 year. After that you expect it to grow 2% per year forever. The company's shareholder's demand a 12% return, it's bondholders a 5% return and its WACC is 7%. Assuming this information remains the same, what is the best estimate of the stock's value two years from today