Question: 8.13 I got this answer wrong and need help. The XYZ Corporation is expected to grow at a rate of 30% for the next two

8.13 I got this answer wrong and need help.

8.13 I got this answer wrong and need help. The XYZ Corporation

The XYZ Corporation is expected to grow at a rate of 30% for the next two years and then settle at the industry median constant growth rate of 10%. If the company's last paid dividend was $1.50 per share, and the required rate of return is 15%, how much is the stock worth today? (Round your intermediate calculations and final answer to two decimal places)

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