Question $1$

Company TYK forecasts that it will begin paying dividends seven years from now, at which point dividends are $$1$ per share. Thereafter, dividends are expected to growth at a constant rate of $6\%$ per year. The discount rate for TYK is $10\%.$ How much would you pay for one share in Company TYK$?$

$*$Make sure to input all currency answers without any currency symbols or commas, and use two decimal places of precision. Answer is not $357\mathrm{.}59,13\mathrm{.}59$ or $13\mathrm{.}53$