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Paul's Pepperoni Pizza Palace is prepared to pay a dividend of $2 per share to all stockholders tomorrow. Paul then presumes that its dividends will

Paul's Pepperoni Pizza Palace is prepared to pay a dividend of $2 per share  to all stockholders tomorrow. Paul then presumes that its dividends will  progress at a precise pace of 20 percent per year for the next four years.  Following this primary period of proper promotion, they project the dividend  will progress at a rate of 7 percent permanently.

What do you predict is the  price of a share of Paul's Pepperoni Pizza Palace stock if investors prefer a performance of 10 percent?

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