s. (DGM valuation) RA Industries has never paid a dividend. It just announced a oneer the special time special dividend of $20 per share to be paid in two years. The company dividend, it will pay a dividend in year 3 of $2.00 and increase that dividend pa year through year 5. After that time, it expects to increase the dividend by 4% each year and th foreseeable future. If the risk-free rate is 2.50%, the risk premirn on the market is 60% and the estimates that after yout by 1 5% per for the company's beta is 1.25, what is the value of the stock today