A firm with a beta of 1.5 (risk free rate is 2% and market premium is 8%) just paid its first dividend of $1. We expect the dividend to grow by 40%, 30% and 20% for Year 1, 2 and 3, Respectively. We believe that growth will decline for the 10 following years and the long term ROE will be 14% with a retention ratio of 50% after that. What is the price of the stock? If in excel, please show formulas