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ViaSpace Corp. has just paid its annual dividend of $3.5. The company expects that its dividends in the first five years will be $3.68, $3.85,

ViaSpace Corp. has just paid its annual dividend of $3.5. The company expects that its dividends in the first five years will be $3.68, $3.85, $4.05, $4.25, and $4.50, respectively. The company estimates an EPS in year five to be $12.5 , the EPS in year six to be $13.05, and the median trailing industry P/E in year five to be 26.5. Calculate ViaSpace Corp.s current value if the cost of equity is 14%

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