Yokomo Industries announced a $1.2 per share dividend to be paid a year from now. Analysts expect dividends to increase by $1 a year for the next 2 years. After the third year (in which dividends are $3.2 per share) dividend growth is expected to settle down to a more moderate long-term growth rate of 5.0 %. If the firm's investors expect to earn a return of 13.5% on this stock, what must be its price?