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A fast growing firm paid a dividend of $1.56 per share during the most recent year, E The dividend is expected to increase at a

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"A fast growing firm paid a dividend of $1.56 per share during the most recent year, E The dividend is expected to increase at a rate of 22.08 per year for the next 3 years, E Afterwards, a more stable 3.60\% annual growth rate should be assumed - If a 15.05% discount rate is appropriate for this stock, what is its value? (Note: Aound all calculations to 2 decimal places, Le. 512.34)2 $22.86$21.30$22.07$19.87$18.10$25.30$25.06

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