2. CalebCorp expects to pay the following dividends on its stock: $2.00 in year 1, $3.50 in year 2, zero dividends in year 3, and $5.00 in year 4. The company expects that dividends will grow at 5.5% annually thereafter. What will you pay for a share of CalebCorp stock if your required rate of return is 10%?

Written out please with equations. no excel