PPR Corporation plans to begin paying dividends in 11 years. The first five dividends will be as follows: D11=$0.96,D12= $0.90,D13=$0.81,D14=$0.80, and D15=$0.76 respectively. After five years of dividend payments, dividends are expected to grow at a constant rate of 8.00 percent forever. PPR's required rate of return is 18.00 percent. What is the current price ( P0 ) of PPR common stock? $0.69 $1244 $8.72 $1.20