Question 4 (3 marks) A company currently pays a dividend of $2 per share that is Do = $2. It is estimated that the company's dividend will grow at a rate of 20 percent for the next 2 years and thereafter the dividend will grow at a constant rate of 7 percent forever. The company's shares has a beta equal to 1.2, the risk free rate is 7.5 percent and the market risk premium is 4 percent. What is the shares current intrinsic value