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Oshawa Motors Inc expects to pay common shareholders dividends of $1 in one year, $3 in two years, and $4.5 in three years. Dividends are

Oshawa Motors Inc expects to pay common shareholders dividends of $1 in one year, $3 in two years, and $4.5 in three years. Dividends are then forecasted to grow at a constant rate of 2.7%. If your required rate of return on the equity investment is to be 8.9% , how much would you be willing to pay for one share of Oshawa Motors stock today?

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