Question: Vasudevan Inc. forecasts the dividend per share shown below. If the T-bond rate is 3.25%, firm beta is 1.15, the market risk premium is 11%,

Vasudevan Inc. forecasts the dividend per share shown below. If the T-bond rate is 3.25%, firm beta is 1.15, the market risk premium is 11%, and the dividends are expected to continue growing at the same rate after Year 5 as from Year 3 to Year 4, what is the stock price today?

Year	1	2	3	4
Dividend	$0	$0	$4.20	$4.5

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