question 1

fatima store is considering a cash purchase of the stock of sarah suppliers . During the year just completed . sarah earn $ $ per share and paid deividend of 2.50 $ . sarah earning and dividend are expected to grow 20% per share for the next 3 years . after which they are expected to grow at 5% per year to inifinity . what is the maximum price per share that fatima would pay to sarah if fatima requires a return of 15% ?