Juan Diaz is contemplating investing in shares of Indigo Inc, whose shares are currently trading at $18.99 per share. The company has recently started operations and is not expected to pay dividends for the next four years. The company's EPS currently stands at $2.75 and is expected to grow at a rate of 16% per year for the next four years. Starting in year 5, the company's growth rate is expected to fall to 5% and remain at that level in perpetuity. From year 5 onwards, Indigo is also expected to retain 60% of its earnings and distribute the remainder as dividends. Given a required rate of return of 12%, calculate   the company's current stock .