Westerfield Corporation is expected to pay the following dividends over the next three years: $1, $2, and $2.50. Afterwards, the company pledges to maintain a constant 5 percent growth rate in...

Westerfield Corporation is expected to pay the following dividends over the next three years: $1, $2, and $2.50. Afterwards, the company pledges to maintain a constant 5 percent growth rate in dividends forever. If the required return on the stock is 10 percent, what is the current share price?