Fey Fashions expects the following dividend pattern over the next seven years: Year 7 $2.13 Year 2Year 3Year 4YearYear 6 $1.32 Year 1 $1.20 $1.45$1.60 $1.76$1.94 The company will then have a constant dividend of $2.40 forever. What is the stock's price today if an investor wants to earn a. 16%? b. 21%? a. what is the stock's price today if an investor wants to earn 16%? S(Round to the nearest cent.)