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PLEASE SHOW STEPS... Latcher's Inc. is a relatively new firm that is still in a period of rapid development. The company plans on retaining all

PLEASE SHOW STEPS... Latcher's Inc. is a relatively new firm that is still in a period of rapid development. The company plans on retaining all of its earnings for the next six years. Seven years from now, the company projects paying an annual dividend of $.25 a share and then increasing that amount by 3% annually thereafter. To value this stock as of today, you would most likely determine the value of the stock _____ years from today before determining today's value

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