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need help asap. thanks You've collected the following information from your favorite financial website. According to analysts, the growth rate in dividends for YBM for

need help asap. thanks image text in transcribed
You've collected the following information from your favorite financial website. According to analysts, the growth rate in dividends for YBM for the next five years is expected to be 21 percent. Suppose YBM meets this growth rate in dividends for the next five years and then the dividend growth rate falls to 5.75 percent, indefinitely. Assume investors require a return of 14 percent on YBM stock. According to the dividend growth model, what should the stock price be today? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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