Using the table below, what is the maximum that an investor should be willing to pay for the share of common stock today?

Table below to be used with problem #6:

Variable	Value	Explanation
Dividend growth estimate	5%, 0%	5% for next 2 years (annual estimate) and 0% per year indefinitely thereafter.
Current dividend	$1.00	Paid to shareholders on record as of 4/28/21
Beta coefficient	2.0	Expected future estimate of beta
Expected market return	12.0%	Expected (annual) return on the S&P 500 Index
RFR	5.0%	Expected 10-year Treasury bond yield