Good fish inc. predicts that the market for the company's products is saturated and that the company's sales will decrease. Therefore, it is assumed that the dividend will decrease by $5\%$ per year for the next two years, and after that it will decrease by $2\mathrm{.}5\%$ per year for the following three years. But then the dividend increases by $2\%$ per year for the foreseeable future. The company's last dividend payment was $$2\mathrm{.}75/$share$,($ie D$0=$ $$2\mathrm{.}75/$share$).$

The company is quite risky. Its beta coefficient is $1\mathrm{.}8.$ The risk$-$free interest rate is $8\%$ and the return on the stock target is $12\%.$

So what is the market price per share now, $($ie P$0)?$