The last dividend paid by National Co. was P1.00. National's growth rate is expected to be same at 5% for 2 years. After 2 years, dividends are expected to grow at a constant rate of 10% indefinitely. What is the current price of National Co.'s ordinary share if the required rate of return on equity is 12%? * O P25.00 O P32.33 O P42.50 O P50.16