Elevation Systems, Incorporated, expects its dividends to grow at $25$ percent per year for the next seven years before levelling off to a constant $3$ percent growth rate. The required return is $11$ percent. What is the current stock price if the annual dividend per share that was just paid was $$1\mathrm{.}05?$Elevation Systems, Incorporated, expects its dividends to grow at $25$ percent per year for the next seven years before levelling off to a constant $3$ percent growth rate. The required return is $11$ percent. What is the current stock price if the annual dividend per share that was just paid was $$1\mathrm{.}05?$Elevation Systems, Incorporated, expects its dividends to grow at $25$ percent per year for the next seven years before levelling off to a constant $3$ percent growth rate. The required return is $11$ percent. What is the current stock price if the annual dividend per share that was just paid was $$1\mathrm{.}05?$Elevation Systems, Incorporated, expects its dividends to grow at $25$ percent per year for the next seven years before levelling off to a constant $3$ percent growth rate. The required return is $11$ percent. What is the current stock price if the annual dividend per share that was just paid was $$1\mathrm{.}05?$Elevation Systems, Incorporated, expects its dividends to grow at $25$ percent per year for the next seven years before levelling off to a constant $3$ percent growth rate. The required return is $11$ percent. What is the current stock price if the annual dividend per share that was just paid was $$1\mathrm{.}05?$