Question: Could you please show your work for this question? Please don't copy someone else's work. I will give thumbs up right away Upper Gullies Corp.

Could you please show your work for this question? Please don't copy someone else's work. I will give thumbs up right away

Upper Gullies Corp. just paid a dividend of $1.20 per share. The dividends are expected to grow at 15% for the next eight years and then level off to a 5% growth rate indefinitely. If the required return is 10%, what is the price of the stock today? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Stock price

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