Company X has a beta of 1. The company has not been paying dividends and does not plan to in the next few years . However , four years from now , the...

Company X has a beta of 1.3 . The company has not been paying dividends and does not plan to in the next few years . However , four years from now , the company expects to pay a Rs 1.50 dividend , which will maintain a constant 5 percent annual growth rate . If you have found the return on 10 year U.S Treasury bond is 5% and the expected market risk premium is 5.5% , what is the current price of a share of Company X ?