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I will like to know ho to do the last question in a BA II Plus calc Thanks!!! PE and Terminal Stock Price [LO2] In

I will like to know ho to do the last question in a BA II Plus calc
Thanks!!! image text in transcribed
PE and Terminal Stock Price [LO2] In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next ffre jeary or so, then find the terminal stock price using a benchmark PE ratio. Supposea coopany just paid a dividend of $1.41. The dividends are expected to grow at 13 percent over the next five years. In five years, the estimated payout ratio is 30 percent and the benchmark PE ratio is 19. What is the target stock price in five years? What is the stod price today assuming a required return of I I percent on this stock

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