Consider the dividend stream of ABC Co$.$:

The projected future dividends are:

$D1=$$$2\mathrm{.}00,D2=$$$3\mathrm{.}00,D3=$$$3\mathrm{.}50,$

$D4=$$$3\mathrm{.}50(1\mathrm{.}05)=$$$3\mathrm{.}675,$ and $soon$

If the discount rate is $15\%,$ what should be the

current price of the stock?