46. Aussie Investors Pty Ltd is considering investing in a new biotech company. The biotech company has indicated that the first dividend payment will be at the end of Year 4. This maiden dividend will be $5.00 per share and is forecast to grow at 8% per year for the foreseeable future. Aussie Investors requires a rate of return of 25% on this risky investment. What is the maximum price that Aussie Investors will pay for this share?