zebra is a new firm in a rapidly growing industry the company is planing on increasing its annual divident by 0.11 a year for the next 3 years and then decreasing the growth rate to 0.055 per year the company just paid its annual dividend in the amount of 0.9 per share what is the current value of one share of this stock if the required rate of return is 0.15 what is the price of the stock?

please answer full answer after the cumma example 1.23456

thanks