You are evaluating the purchase of bell, inc. and expect a common stock dividend of $5.06 next year, with a dividend growth rate of 10% for the following three years. you plan to hold the stock for four years and then sell it. you estimate the price of the company’s stock to rise to $59.37 at the end of your four-year holding period. a required rate of return of 13% will be adequate compensation for this investment. given your assumptions, what is your estimate of the current value of bell stock?