Tang Co. is expected to pay a $21 dividend next year. The dividend will decline by 10 percent annually for the following three years. In Year 5, Tang will sell off assets $100 per share. The Year 5 dividend, which includes a distribution of some of the proceeds of the asset sale, is expected to be $60. In Year 6, the dividend is expected to decrease to $40, and will be maintained at $40 for one additional year. the dividend is then expected to grow by 5 percent annually thereafter. If the required rate of return is 12 percent, what the value of one share of Tang? If the current market price is $400, is the stock fairly valued?