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 today if the market rate of return is 15%? Round your answer to two decimals. Answer:

Continue form previous problem. What is the market price of this stock in one year? Round your answer to two decimal places. Answer