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Jasper, Inc. just paid an annual dividend of $ 1 0 . 0 0 per share. The next two annual dividends are expected to grow

Jasper, Inc. just paid an annual dividend of $10.00 per share. The next two annual dividends are expected to grow 20% per year, and annual dividends thereafter are expected to grow at 9.5% per year, forever. If the firm's cost of equity capital is 14% per year, what should be the price today of one share of stock? Express your answer rounded and accurate to the nearest penny (i.e., two decimal places).Jasper, Inc. just paid an annual dividend of $10.00 per share. The next two annual dividends are expected to grow 20% per year, and annual dividends thereafter are expected to grow at 9.5% per year, forever. If the firm's cost of equity capital is 14% per year, what should be the price today of one share of stock? Express your answer rounded and accurate to the nearest penny (i.e., two decimal places).

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