Northfield Nexus Ltd. has never paid a dividend on its common stock, but is expected to pay its first annual dividend of $3.50 two years from today. The market anticipates that Northfield will increase the dividend 60.0% per year for the next 8 years (years 3-10), 25.0% per year for the next 10 years (years 11-20), and 8.0% per year thereafter (year 21 and beyond). The market requires a return of 12.75% on Northfield's stock. Required: a. What is the current market price of a share of Northfield's common stock? b. What is price per share of Northfields common stock expected to be at time 13? C. What is the expected dividend yield, capital gain percentage, and total return to Northfield's common stock during year 9?