XYZ Firm recently paid $1.00 as an annual dividend. Future dividends are projected at $2.00, $3.00, $4.00, and $5.00 over the next 4 years, respectively. Beginning 5 years from now, the dividend is expected to increase by 2.0 percent annually. What is one share of this stock worth to you if you require 8 percent rate of return on similar investments?