The fair value price of the share

You are an equity analyst working for an investment bank. You are analysing Company ABC shares. The last year dividend (Do) was 30 pence. You are predicting 12% dividend growth for the next 2 years and 8 % for the following 2 years, and thereafter dividend growth is assumed to slow for the foreseeable future to 4%. The required rate of return on equity is deemed to be 12%. i. Calculate the fair value price of the share. ii. What is the fair value of the share at the end of year 4?