You are an analyst and have been looking at Lo Stins Pace, a rocket company. Lo Stins Pace has paid a dividend for the last ten years and you expect the company to continue to pay dividends indefinitely into the future. Its current dividend is $$1\mathrm{.}80$ per share. You are evaluating the company and have been asked to provide a value for Lo Stins Pace under the following assumptions:

The company's dividend grows at a $10\%$ rate for the next five years and then grows at $4\%$ to infinity.

The company's dividend is expected to remain the same into infinity.

Dividends are expected to grow at $5\%$ into infinity.

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