i know the formula for this problem but cannot figure out how it works for other problems if you could just show work so i undertand where each number is pulled from

Machiavelli's Pizzeria Incorporated (Ticker: MPI) plans to pay a dividend of $1.00 per share in 4 years. Dividends will then grow at an annual rate of 5 percent for 20 more years after the initial dividend is paid. Thus the abnormal growth period will end 24 years from now. After 24 years, dividends will grow at a constant annual rate of 2.5 percent indefinitely. If the required rate of return is 11 percent, what is MPI's current price per share (P₀)?

$6.54

$4.31

$8.95

$11.01

P3=$1.000.110.05[1(1.051.11)21]+$1.00(1.05)201.0250.110.02511.1121=$15.053436857642P3=$1.000.110.05[1(1.051.11)21]+$1.00(1.05)201.0250.110.02511.1121=$15.053436857642

P0=$15.053436857642(1.11)3=$11.006943289266