Nacho Industries just paid a dividend of D$0=$ $$2\mathrm{.}50.$ Analysts expect that the company$$s dividend to grow by $20\%$ this year, by $15\%$ in year $2$ and $3,10\%$ in year $4,$ and at a constant rate of $5\%$ in year $5$ and thereafter. The required rate of return on this stock is $8\mathrm{.}25\%.$ What is the stock$$s current market value?

Nacho Industries just paid a dividend of D$0=$ $$2\mathrm{.}50.$ Analysts expect that the company$$s dividend to grow by $20\%$ this year, by $15\%$ in year $2$ and $3,10\%$ in year $4,$ and at a constant rate of $5\%$ in year $5$ and thereafter. The required rate of return on this stock is $8\mathrm{.}25\%.$ What is the stock$$s current market value?