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?