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answer???? Assume Highline Company has just paid an annual dividend of $0.98. Analysts are predicting on 10.1% per year growth rate in earnings over the

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Assume Highline Company has just paid an annual dividend of $0.98. Analysts are predicting on 10.1% per year growth rate in earnings over the next five years. After then, Highline's earnings are expected to grow at the current industry average of 5.2% per year. If Highline's equity cost of capital is 8.4% per year and its dividend payout ratio romains constant, for what price does the dividend-discount model predict Highline stock should sell? The value of Highline's stock is $. (Round to the nearest cent.)

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