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The Extreme Reaches Corp. last paid a $1.50 per share annual dividend. The company is planning on paying $3.00. $5.00. $7.50. and $10.00 a share

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The Extreme Reaches Corp. last paid a $1.50 per share annual dividend. The company is planning on paying $3.00. $5.00. $7.50. and $10.00 a share over the next four years, respectively. After that the dividend will be a constant $2.50 per share per year What is the market price of this stock if the market rate of return is 10%

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