Please hurry, show calculations for each part. Will rate thumbs up.

Assume that the risk-free rate of return is 8.00 percent and the market risk premium is 4.00 percent. A stock has a beta of 2.00, a current market price of $30.00 per share, and just paid a cash dividend of $2.8571 per share. Dividends are expected to grow at 5.00 percent per year indefinitely. If the required rate of return is 16.00 percent (regardless of your answer to the other question), the most you should pay for a share of this stock is: Your Answer: Answer units