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LM Ltd . ' s earnings and dividends have been growing at a rate of 1 8 % p . a . This growth rate

LM Ltd.'s earnings and dividends have been growing at a rate of 18% p.a. This growth rate is expected to continue for next 4 years and thereafter growth rate is expected to decline to 6% p.a. forever. Calculate the intrinsic value of share if required rate of return is 15% and dividend which has been just paid for last year is Rs.2.
\table[[Year,1,2,3,4],[PVF@15%,0.869,0.756,0.657,0.572]]
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