Use the following data to calculate your stock value. Assume you use the historical geometric average growth rate (rounded to 2 decimals) for initial growth rate for 4 years. Then you believe it will drop to constant growth rate of 7% per year indefinitely. Recent total dividend payments were $5Million and there are 5million shares outstanding. T-bill rate was 3.2%, S&P500 mkt return was 6.61%, and beta of this company is 1.2. YEAR DIVIDEND (*M represent millions) 2015 $1.10M 2016 $1.60M 2017 $2.20M 2018 $3.00M 2019 $3.90M 2020 $5.00M What is the stock price per share using dividend discount model? If the H-Model is applied, what should be the stock value per share?