Ruby Corporation is expected to pay $1 dividends per share next year. Its required rate of return on equity is 10%. Dividends are expected to grow at 15% per year for years 2 and 3, and then at 10% per year for years 4 and 5, and then slow down to a steady long-term growth rate of 5% for year 6 and beyond. What should be the fair value per share of the company's common stock2 yearsfrom today(after year 2's dividend is paid)?