D4=(0.75*1.5)=1.125
D5=(1.125*1.5)=1.6875
Value after year 5=(D5*Growth rate)/(Required return-Growth rate)
=(1.6875*1.07)/(0.17-0.07)
=18.05625
Hence current price=Future dividend and value*Present value of discounting factor(rate%,time period)
=0.75/1.17^3+1.125/1.17^4+1.6875/1.17^5+18.05625/1.17^5
=$10.07(Approx)
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