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Hurricane Shutters Inc. paid a dividend of $1.30 yesterday. The next dividend will be in one year and is expected to be $1.50. After that,

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Hurricane Shutters Inc. paid a dividend of $1.30 yesterday. The next dividend will be in one year and is expected to be $1.50. After that, dividends are expected to grow at a constant 15 percent forever. The discount rate for Hurricane Shutters Inc. is 25 percent. What should be the market price of the stock? a. $13.80 b. $13.20 C. $17.25 d. $15.00 e. $18.75

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