You are looking at the company that juse paid $0.50 dividend, and is planning to pay two more dividends for next two years, \$1.00 and S1.50 respectively. After that management plans to Hop paying dividend for $ years and is going to plow its operating cash flows back into the company and invest to fuel future cash flow groweh. Affer five years mangement is planniag to resume company's dividend of $2.00 per share in year $ and thinks that they will be able to increase the dividend by 1.50% per year thereafter. If investors require 11% retum on this. slock, what is its cument share price?