ABC Corp. has just paid a dividend of $3 per share. You - an experienced analyst - feel quite sure that the growth rate of the companys dividends over the next 10 years will be 15% per year. After 10 years you think that the companys dividend growth rate will slow to the industry average, which is about 5% per year. If the cost of equity for ABC is 12%, what is the value today of one share of the company?