Please solve this. If you use excel, please show the show the clicks you use and explain each step.

A stock has a current dividend of 5.2, which is expected to increase to 5.8 in 2022 and 6.5 the year after. From 2024 and onward the dividend is expected to grow by 5% a year. The riskfree rate is 4% and the market excess return is expected to be 7%. The beta of this stock is.9. Using the two stage model what is the intrinsic value of the stock