A firm is expected to have a high growth rate in the next 2 years and a stable growth rate of 6% forever after that. Use the following information to find the stock value. Current earnings per share (EPS_0) = $3.00 Current dividend per share ((DPS_0) = $0.75 Length of the high-growth period = 2 years Long-term bond rate = 7% Market risk premium = 6% Beta of the stock for both high-growth and stable periods = 1.2 Return on assets (ROA) during the high growth and stable periods = 13% Debt to equity ratio during the high growth and stable periods = 0.8 Before-tax interest rate on debt for both periods = 7% Tax rate = 40% Also assume that the dividend payout ratio remains constant at the current level for the first two years