Margaret Fagbohun just inherited stock of Motorola and is planning to sell it. The projected dividends on the stock for the next 2 years are given in the table below. After this period the growth in dividends is expected to settle down to a steady rate of 6.71%. If the required return is 12.31%, what should Margaret Fagbohun expect to get for the stock today?

Projected dividends on the stock D1 3.8; D2 5.2