BioSciTech Ltd, a biotech company, has forecasted the following dividend growth rates for the next three years: 30%,25%, and 20%. The company then expects to grow at a constant rate of 7% for the next several years. The company paid its annual dividend of $2 per share last week. If the required rate of return is 16% p.a. compounded annually, what is the market value of this share? Round final answers to 4 decimal places