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Suppose that Palo Alto Networks, Inc. ( Ticker: PANW ) currently pays a dividend of $ 1 . 2 5 . Analysts forecast that the

Suppose that Palo Alto Networks, Inc. (Ticker: PANW) currently pays a dividend of $1.25. Analysts
forecast that the firm will growth its dividends by 25.00%,35.00%,20.00% over the next three years.
After this, analysts anticipate that PANW will increase its dividend at a consistent rate of 5.00% for the
foreseeable future.
Assuming a required rate of return of 9.80%, what should PANW's stock trade for today?
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