Please double check your work and show all steps! Please use this to check your work: https://www.chegg.com/homework-help/questions-and-answers/question-10-1-pts-perfectlysoft-corp-experiencing-rapid-growth-dividends-expected-grow-25--q44382499?trackid=RtCmGpOg

Question 10 1 pts PerfectlySoft Corp. is experiencing rapid growth. Dividends are expected to grow at 26 percent per year during the next three years, 12 percent over the following year, and then 5 percent per year thereafter indefinitely. The required return on this stock is 9.43 percent, and the stock currently sells for $61.57 per share. What is the projected dividend (in $) for the coming year? Answer to two decimals, carry intermediate calcs. to four decimals