plz help me to solve this Question URGENT.

Shivanand Nautiyal (Article PCC) (104 Points)

06 October 2010  

this Question relates to Capital Budgeting

Q- D ltd. is foreseeing a growth rate of 12%pa in the next 2 years.The growth rate is likely to be 10% for the third & fourth year.After that the growth rate is expected to stabilize at 8% pa.If the last dividend was Rs 1.50 per share and the required rate of return is 16%. determine the current value of equity share of the company?