Check My Work (3 remaining) eBook Problem Walk-Through Problem 7-12 Nonconstant Growth Stock Valuation Assume that the average firm in your company's industry is expected to grow at a constant rate of 5% and that its dividend yield is 7%. Your company is about as risky as the average firm in the industry and just paid a dividend (Do) of $1.75. You expect that the growth rate of dividends will be 50% during the first year (90,1 - 50%) and 30% during the second year (912 - 30%). After Year 2, dividend growth will be constant at 5%. What is the estimated value per share of your firm's stock? Do not round Intermediate calculations. Round your answer to the nearest cent. Check My Work (3 remaining Olon Key