need answer

Dividends for Jacobee Company are currently $4.50 per share, having grown at a 12 percent compound annual rate over the past 12 years. That growth rate is expected to be maintained for the next 2 years, after which dividends are expected to grow at half that rate for 3 years. Beyond that time, Jacobee's dividends are expected to grow at 3.5 percent per year. What is the current value of a share of Jacobee's common stock if your required rate of return is 18%? 55.40 49.72 66.17 39.15