The recently paid dividend in a company is Rs 10 per share. The company expects growth in dividend of 15% p.a. for the next three years after which the growth in dividend stabilises at 3% p.a.. Find...

The recently paid dividend in a company is Rs 10 per share. The company expects growth in dividend of 15% p.a. for the next three years after which the growth in dividend stabilises at 3% p.a.. Find the value of the share, given a required rate of return of 18%.