7. The stock of Top of the Muffin currently pays a dividend of $2.85. The dividend is expected to grow by 30% per year for the next three years. In year 4 it will increase by $2.40 over the previous year, and after that point it will grow at 2% per year for the foreseeable future. If you require an 10.8% return for investing in this stock, what is a share of the stock worth to you today