Spotify Technology $($SPOT$),$ the music streaming service, is selling for $$298.$ They are still losing money and

facing a strong backlash from the musicians who complain that Spotify is not paying them enough for the music.

Nevertheless, The Value Line believes the price could range from $$300$ to $$450$ three years from now. Let$$s use the

average of $$375.$ If we require a $14\%$ rate of return, what do we believe the stock is worth? Would you invest in

Spotify? Note that just $6$ months ago, SPOT was selling for $$174.$