Please no excel and please explain what formulas where used at each step! thank you in advance!

Q3.(6 Points) The Bunch Company is expected to pay a dividend of D1 = $2.85 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5.00% per year in the future. The company's beta is 1.20, the required return on the market is 12.50%, and the risk-free rate is 2.50%. What is the company's stock price? %3D