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Question 40 10 pts Wolf Pack Partners is a fast-growing property development company that just paid a dividend of $2.00 per share. Management expects the

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Question 40 10 pts Wolf Pack Partners is a fast-growing property development company that just paid a dividend of $2.00 per share. Management expects the company to grow at a 15% rate for the next two years, but then slow to a constant growth rate of 5% thereafter. Assuming that dividends will grow at the same rate as the company and the required return on stocks of similar risk is 11%, what is the current value (per share) of the Wolf Pack Partners stock? (Recall that a timeline is a good way to approach this type of problem!)

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