In the most recent period, ABC limited paid a dividend per share of Sh $2.$

ABC limited expects to grow the dividends at a rate of $10\%$ each year for the next $3$ years,

$5\%$ each year for another $4$ years and

$2\%$ for another $4$ years and thereafter at a rate of

$2\%$ each year into the foreseeable future.

If the estimated cost of equity is $8\%,$ compute value of ABC stock today.