Ultimate Electric, Inc. has just developed a solar panel capable of generating $200$ percent more

electricity than any solar panel currently on the market. As a result, Ultimate is expected to

experience a $15$ percent annual growth rate for the next five years. When the five$-$year period ends, other firms will have developed comparable technology, and Ultimate$$s growth rate will slow to $5$ percent per year indefinitely. Stockholders require a return of $12$ percent on Ultimate$$s stock. The firm$$s most recenSuppose your boss believes that Ultimate$$s annual growth rate will be only $12$ percent during

the next five years and that the firm$$s normal growth rate will be only $4$ percent. Under these

conditions, what is the price of Ultimate$$s stock?