Q4: Runyon Industries is expected to enjoy a very rapid growth rate in dividends of 30 percent a year for the next three years. This growth rate is then expected to slow to 20 percent a year for the next five years. After that time, the growth rate is expected to be 6 percent a year. D0 is $2. The beta for this stock is 1.5 . The expected return on the market is 11 percent, and the risk-free rate is 5 percent. What is the estimated price of the stock