What is the present value of the 2026 dividend in today's money (as of 2022)?

Additional information:

Big Chunky just paid a $2.10 per share dividend this year. The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock is 10%.

Stocks current value per share = $30.90

 

You were able to obtain forecasts of Big Chunky's dividends over the next five years. 2026 2023 2024 2025 $2.42 $2.78 $3.19 $3.51 2022 Dividend $2.10 2027 $3.86