The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on Increasing its annual dividend by 21 percent a year for the next 4 years and then decreasing the growth...

The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on Increasing its annual dividend by 21 percent a year for the next 4 years and then decreasing the growth rate to 5 percent per year. The company just paid its annual dividend in the amount of $2.80 per share. What is the current value of one share of this stock If the required rate of return is 8.30 percent?