Acne Inc. has a current dividend of $$\frac{2\mathrm{.}00}{?}$ share $)=($$$2\mathrm{.}00.$ Analysts expect the dividend to grow $20\%$ per year for the next two years, and thereafter moderate to an annual growth of $10\%.$ Cost of equity is $14\%.$ What is Acne's current stock price?

Find Acne's stock price with $10\%$ growth for all years.

Find Acne's stock price with no expected growth.