b) Kasuba Solar Company sells solar electricity throughout the Katanga region of the Democratic Republic of the Congo. Because of increased mining activities in recent years, the company has prospered and expects to continue to do well in the near term. The company will pay a K0.75 per-share dividend to investors one year from now. Investors believe that Kasuba Solar will increase that dividend at 15 percent per year for the subsequent five years, before settling down to a long-run dividend growth rate of 3 percent. Investors expect an 8 percent return on Kasuba Solar common shares. What is the current selling price of the stock? (15 Marks) [TOTAL: 25 MARKS]