Assume Gillette Corporation will pay an annual dividend of

$0.62

one year from now. Analysts expect this dividend to grow at

11.5%

per year thereafter until the

5th

year. Thereafter, growth will level off at

1.5%

per year. According to the dividend-discount model, what is the value of a share of Gillette stock if the firm's equity cost of capital is

8.9%?

please i need urgent answer