Let's assume that during the next few years QWDC Company's dividends will increase rapidly and then grow at a stable rate. Next year's dividend is expected to be $1 per share, but dividends will then increase annually by 7%, then 10%, then 12%, and then steadily increase by 5% after that. By using elements of the stable model calculate the current fair value of QWDC Company stock. The required rate of return is 10%