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G2 Inc. expects the following dividend pattern over the next seven years Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year

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G2 Inc. expects the following dividend pattern over the next seven years Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 $1.20 $1 25 $1.30 $1.35 $1.40 $1.46 $1.52 The company will then have a constant dividend of $1.58 forever. What is the price of this stock today (year 0) if an investor wants to earn 15% rate of return? The stock price is $ (Round to two decimal places)

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