eBook Problem Walk Through Problem 7-12 Nonconstant Growth Stock Valuation Assume that the average firm in your company's industry is expected to grow at a constant rate of 4 % and that its dividend yield is 6 %. Your company is about as risky as the average firm in the industry and just paid a dividend (Da) of $2.5. You expect that the growth rate of dividends will be 50 % during the first year (ga 50% ) and 20 % during the second year (g.2 20 % ) . After Year 2, dividend growth will be constant at 4 %. What is the estimated value per share of your firm's stock? Do not round intermediate calculations. Round your answer to the nearest cent