Creative Financing, is considering to invest some amount in the shares of ALB bank. ALB bank currently pays a dividend of 1.5 per share. This dividend is expected to grow at 15% per year for the next 3 years and 10% per year for the following 3 years. Creative Financing expects the value of the ALB bank's share to increase by 50% between now and the beginning of year 5.

If Creative Financing requires a 12% rate of return on investments of shares such as ALB banks, what value would Creative Financing place on the shares of ALB bank?