8. You are considering whether you should purchase Global's common stock. Global has just paid out a quarterly dividend of $$1.50. You don't own a share yet, so you didn't get this dividend. After some analysis, you expect the dividends to increase by 1.5% per quarter for the next 10 years After then, you expect the dividends to increase by 0.6% per quarter. If your discount rate is 14% APR, what is the implied share price? ( 20 points)