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Whole foods just paid their annual dividend of $2.00 per share. They are projecting dividends of $2.30, $2.45, and $2.70 over the next three years,

Whole foods just paid their annual dividend of $2.00 per share. They are projecting dividends of $2.30, $2.45, and $2.70 over the next three years, respectively. After that, the company expects to pay a dividend of $2.50 a share with a constant growth rate of 2%. What is the maximum amount you are willing to pay for one share of this stock if your required return is 12 percent?

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