Question: Finance question answer needed with reasoning! Leonardo Group is expected to pay a dividend of 2.0 euros per share at the end of the year.

Finance question answer needed with reasoning!

Leonardo Group is expected to pay a dividend of 2.0 euros per share at the end of the year. Its beta is equal to 0.8. The risk-free rate is equal to 3% and the market risk premium is equal to 6%. Dividends are expected to grow at a constant rate, g. Currently, the share selling price is 40 euros.

Find the estimated price of the share 4 years from today.

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