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The Bell Weather Company is a new firm in a tapidy growing industry. The company is planning on increasing its anumisl dividend by 15 percent

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The Bell Weather Company is a new firm in a tapidy growing industry. The company is planning on increasing its anumisl dividend by 15 percent a-year foc the next 4 years ond then decreasing the growth rate to 4 percent per year. The company just paid its annual dividend in the amount of 51.50 per share. What is the current vaine of one thate of this stock if the requited rate of retuin is 7.00 percent

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