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. Barbara Bender this day purchased the shares of Beaubien Corporation stock. The company recently paid a dividend of $3.32 on its stock, and this

. Barbara Bender this day purchased the shares of Beaubien Corporation stock. The company recently paid a dividend of $3.32 on its stock, and this dividend is expected to grow at a constant rate of 4.5% indefinitely. Barbara plans to hold the stock for five years and sell the stock at the end of the fifth year. What price is she expecting to get for the stock when she sells it if her required rate of return is 16% ?

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