Kindly solve this question for me quickly. Also, show me the workings in a notebook. Thanks

2. Boeing Inc. expects to earn $20 per share this year and intends to pay out $8 in dividends to shareholders and retain $12 to invest in new projects with an expected return on equity of 20 percent. In the future, Boeing expects to maintain the same dividend payout ratio, expects to earn a 20 percent return on its equity invested in new projects, and will not be changing the number of shares of common stock outstanding. If the investor's required rate of return for Boeing's stock is 15 percent, what is the price of Boeing's common stock