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You are given the following data: (1) The risk-free rate is 4 percent. (2) The market premium is 12 percent. (3) The expected growth rate

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You are given the following data: (1) The risk-free rate is 4 percent. (2) The market premium is 12 percent. (3) The expected growth rate for the firm is 5 percent. The last dividend paid was $ 0.8 per share. (5) The beta is 1. What is the price per share? For example, if you find that the price is $ 5.56, type 5.56 in the box

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