You are considering whether to invest in a companys common shares. The company is expected to pay is first cash dividend of $2.00 at the end of year one. The dividend is expected to grow by 20% in year 2 and 20% in year 3. No further growth in the annual dividend is expected after year three. Calculate annual dividends to the nearest penny ($0.01) per share. If your required return on investment is 15%, what is the maximum price that youd pay for the stock?