The price of San Diego$-$based Acadia Pharmaceuticals, Inc. $($ACAD$)$ is currently $$18\mathrm{.}75$ per share. The company pays no dividends and has negative earnings. However, they have drugs in development for the treatment of neurological disorders such as Parkinson$$s disease and schizophrenia. The $1-$year target estimate price on Yahoo is $$29\mathrm{.}54.$ The Value Line does not give a prediction for their future price. After attending the annual shareholder meeting here in San Diego, we predict that Acadia will be selling for $$32$ in three years. If our desired rate of return is $13\%,$ would this be a potentially good buy for us$?$ What price would we value the stock? Which dividend discount model can we use even if the company pays no dividends? How would you rate the risk level of this company?