Determine the market price of a share of common stock one year from today (which means you want to find P₁) if the most recently paid dividend was $9.75 per share (DIV₀ = $9.75). In this problem please assume that the firm's dividends will grow at a constant rate of 12% per year (g = 0.12) and the required rate of return on equity is 17% (so r_E = 0.17).