No Hurdle Inc.s most recent annual dividend payment (2012) was $1.50 per share. It is estimated that these dividends will increase at a rate of 10% annually over the next 3 years (for 2013, 2014 and 2015), after which the growth rate will settle to 5% per annum for an indefinite future. If investors require a 15% return on stock, what will be the stock price in 2015?