Find the current share price of the company.

this problem contains 1 question: A growing company needs all profits to be reinvested within the company. It is expected that the company will not to pay any dividend for the next 4 years and then in the following year the company will pay a dividend of $3.97. It is also predicted that the dividend will grow by 4% every year thereafter to continue forever. The required return on this share is 13%.Find the current share price of the company.


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