Unique Corp Ltd is a manufacturer of smart phone. John, the CEO of Unique Corp, has been aware of an acquisition opportunity in the market. The target firm, Stardust Tech, designs and manufactures mobile devices. Its new product, Uranus phone, is well received by the market. Financial analysts forecast that, as a result of the success of the new product, Stardust Tech stock's dividend is expected to grow at 16% p.a. for the next two years. Thereafter, the dividend is expected to grow at 10% p.a. because new competitors are expected to enter the market and the growth of sales of Uranus phone will slow down. The current dividend is $4. John is now considering purchasing the shares of target firm. John seeks for your advice on this issue. b. What is the maximum price that John would be willing to pay for the Stardust Tech stock if he requires a 20% p.a. rate of return? (8 marks) c. If the current market price of Stardust Tech is $50, what is your advice to John? Please explain