CMR Talk is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 20 percent a year for the next four years and then set the growth rate to 5 percent per year indefinitely. The company just paid its annual dividend in the amount of $0.75 per share. What is the current value of one share of this stock if you estimate that the risk-free rate is 5%, beta is 2 and the market risk premium is 5%