Omni Consumer Products just paid a dividend of 1.34 and anticipates a short term growth rate of 16% for year 1 and for year 2 (dividends 1 and 2). Assuming that after year 2, Omni's contract with the...

Omni Consumer Products just paid a dividend of 1.34 and anticipates a short term growth rate of 16% for year 1 and for year 2 (dividends 1 and 2).

Assuming that after year 2, Omni's contract with the City of Detroit will give it a constant growth rate of 5%, what is the fair-value of a share if the required return is 11%?