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Non-constant growth: Staggert Ltd will pay dividends of $5.00, $6.25, $4.75, and $3.00 for the next four years. Thereafter, the company expects its growth rate

Non-constant growth:Staggert Ltd will pay dividends of $5.00, $6.25, $4.75, and $3.00 for the next four years. Thereafter, the company expects its growth rate to be at a constant rate of5.5percent. If the required rate of return is20.5percent, what is the current market price of the share?

(Round your intermediate calculations to 3 decimals places, i.e., $2.756, and your final answer to 2 decimal places, i.e., $14.75. )

P0= $

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