Question 12 (10 points) Sunny Corporation's common stock recently paid its annual dividend of $3 per share. The company is expected to grow at the rate of 15% per year for next three years then its grow rate will settle down to a constant 5% indefinitely. Investors require 12% return for the stock. How much should investor pay the stock now? Instruction: Round all answers to two decimal places. Do not include $, positive (+), or negative (-) sign