An analyst produces the following series of annual dividend forecasts for company D: Expected dividend (end of) year t+1 = 10; Expected dividend (end of) year t+2 = 20; Expected dividend (end of) year t+3 = 10. The analyst further expects that company Ds dividends will grow indefinitely at a rate of 2 percent after year t+3. Company Ds cost of equity equals 10 percent. Under these assumptions, find the analysts estimate of company Ds equity value at the end of year t.