PPR Corporation plans to begin paying dividends in 8 years. The first five dividends will be as follows: Do = $6.58, D9 = $6.58, D10 = $6.51, D11 = $6.51, and D 12 = $6.44 respectively. After five years of dividend payments, dividends are expected to grow at a constant rate of 10.00 percent forever. PPR's required rate of return is 13.00 percent. What is the current price (Pc) of PPR common stock? $54.48 $64.24 $268.75 $245.90