Suppose the stock price of Company A is $Q,. The expected dividend for the next three years is $8, $15 and $27 per share.
The expected price of the stock in the fourth year is $250. The nominal rate of interest is t and is constant for next 3 years.
Suppose another company Company B with the current stock price twice that of Company A, has the expected dividend of $20, $26 and $53 per share and expected price of the stock in the fourth year is $500.
The equity premium is 50% per year of the nominal interest rate for holding the share for another two years. Calculate the current stock price of Company A ($Q) (Round your answer to two decimal places.)