. Pharoah Corp. will pay dividends of $5.00, $6.25, $4.75, and $3.00 in the next four years. Thereafter, management expects the dividend growth rate to be constant at 5 percent. If the required rate of return is 15.00 percent, what is the current value of the stock? (Round all intermediate calculations and final answer to 2 decimal places, e.g. 15.20.)

    Χ.wth a.te. Uz 04 5.1 Solui-i Divide山 Oven O1 hen we wll CA
    5 d5 0.156 O.658 3.13553.13 1.734 с .13 Ye Ye- a 31.5
    = 31.5 (-15) touk Vcla 32.15