You want to buy a stock in E-commerce Company that paid last year a dividend of $10.00. The firm expects to experience supernormal growth over the next 4 years so they plan to increase the dividends by 15% in the following 4 years, after this period, dividends are expected to grow at a constant rate of 5 percent. If you believe that a 18% required return is appropriate for you. What is the value/price of this stock now?

please answer this question is 9 marks