A stock has the following data:

• Current cash flow per share: $ 12
• Growth rate for the next three years: 40%
• Long term growth rate after 3 years : 1.5%
• It will pay a dividend 20% of cash flow in yr 4.
• The current risk free rate= .64%; Return of the market = 10%
• The stocks beta = .09

Using the above data and CAPM to calculate its stock price.