Gradley Broadcasting expects to pay dividends of $$1\mathrm{.}10,$ $$1\mathrm{.}21,$ and $$1\mathrm{.}331$ in one, will grow at $1\mathrm{.}8\%$ annually forever. Stocks of similar risk have a risk premium of $6\%,$ and the risk$-$free rate is $4\mathrm{.}4\%.$ Answer the questions below.

What is the discount rate you should use? Enter it as a percentage, rounded to two decimal places, here: $\%$

Enter the PV of the stock $($rounded to two decimal places$)$ here: $5\mathrm{.}02$two, and three years, respectively. After that, dividends are expected to grow at a constant rate of $2\mathrm{.}5\%$ forever. Stocks of similar risk yield $15\%.$ The price of Gradley Broadcasting stock today should be: