Iguana Incorporated paid a dividend of $1.85 this year. The dividend is then expected to grow by 16% a year for 3 years; it will be 8% per year after that. The required rate of return is 14.6% . The value of a share of Iguana Incorporated's stock is closest to: .

1. Iguana Incorporated paid a dividend of $1.85 this year. The dividend is then expected to grow by
16% a year for 3 years; it will be 8% per year after that. The required rate of return is 14.6% .
The value of a share of Iguana Incorporated's stock is closest to: