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Sanpaolo Companys dividends are expected to grow at a 25 percent for 2 years, after which the growth rate is expected to be a constant

Sanpaolo Companys dividends are expected to grow at a 25 percent for 2 years, after which the growth rate is expected to be a constant rate of 6 percent forever. The last dividend paid by Sanpaolo Company was $2 per share. The beta of Sanpaolo Company is 1.5, market risk premium is 5.33 percent, and risk-free rate is 4 percent. What is the value of companys stock today?

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