A firm had earnings per share (eps) last year of $3 and expects that the eps will grow at a rate of 15% each year until the end of year 3. During that time all dividends are reinvested. At the end of year 4, the firm will begin paying 70% of its earnings as dividends and will have a long-run rate of 5%. The firms equity cost of capital is 10%. Find the firms current share price? [10 marks]