A stock just paid a dividend of $2.20. The firm is expected to increase its dividend by $0.5 per year for the next four years. After that, the dividend is expected to grow at 4.10% per year forever. The required return on the stock is 11.34%. What is the value of the stock?

The risk-free rate is 2.20% and the market risk premium is 9.22%. A stock with a of 0.92 just paid a dividend of $1.03. The dividend is expected to grow at 4.10% forever. What is the value of the stock?