Ext Corporation currently has a net income of R200 000 on an outstanding number of shares of 55 000. It has been decided by company management at the Annual General Meeting that 30% of the earning per share should be paid as dividend. The company, furthermore, estimated that the current dividend would grow at 15% in the next three years followed by 6% growth indefinitely. If the required rate by shareholders is 13%, what will the value of the share price be in the fifth year?