Target is currently trading for $34.23 and is expected to pay dividends of: $1.4, $.06, and $3.5 in 4 years, 7 years and 9 years respectively. Find the 14-year annualized holding period return if you expect the stock price in 14 years to be $47.72 per share. Assume annual compounding.

The answer given was 3.2, but I'm not sure how to get there.