If the expected return for litchfield design stock is 1752


 If the expected return for Litchfield Design stock is 17.52 percent; the dividend is expected to be 2.9 dollars in 1 year(s), 5.97 dollars in 5 years, and 7.6 dollars in 8 years; and after the dividend is paid in 8 years, the dividend is expected to grow by 5.63 percent per year forever, then what is the current price of the stock? If no expected dividend is mentioned for a given year, assume the expected dividend is $0 for that year.

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Financial Management: If the expected return for litchfield design stock is 1752
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