calculate the estimated value of a stock expected to growth 15% for the next 3 years and 5% thereafter. Using a multi-stage dividend discount model, what is your estimate of this stocks value if the most recent dividend was $2 per share and its appropriate required return on equity of 10%?

Year	Dividend	Present Value
0	$2.00
1
2
3

Stock Price Expected in Year 3?

PV of Stock Price Expected in Year 3?

Todays Expected Stock Price?