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The Brigaphenski Co. has just paid a cash dividend of $2 per share. Investors expected return is 12.58 percent. If the dividends for the next

The Brigaphenski Co. has just paid a cash dividend of $2 per share. Investors expected return is 12.58 percent. If the dividends for the next 3 years are $ 2.19 , $ 2.56 , and $ 3.60 , respectively, and the stock is expected to be sold for $ 51.66 in 3 years. What is the current value of the stock?

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