please explan steps

- SADAFCO has just invented a new product. Given the phenomenal market response to this product, SADAFCO is reinvesting all of its earnings to 6 expand its operations. - Earnings were \$5)per share this past year and are expected to grow at a rate of 30% per year until the end of year 3 . At that point, other companies are likely to bring out competing products. - Analysts project that at the end of year 3, SADAFCO will cut its investment and begin paying 75% of its earnings as dividends. Its growth will also slow to a long-run rate of 5% - If SADAFCO's equity cost of capital is 9%, what is the value of a share today