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Kean. Co just paid a dividend of $2.95 per share. The company will increase its dividend by 20% next year and will thwn reduce its

Kean. Co just paid a dividend of $2.95 per share. The company will increase its dividend by 20% next year and will thwn reduce its dividend growth rate by 5% per year until it reaches the industry average of 5% dividend growth, after which the company will keep a constant growth rate forever. Given the required retuen for Kean's stock is 13%, what will a share of Kean's stock sell for today? Please show all work.

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