Great Dynaquest Ltd. has paid its annual dividend of $4 recently. The firm is expected to grow at 30% per year for the next three years due to its leading position in developing mobile application for online-shopping. After 3 years of high growth, the firm is expected to grow into the future at a constant rate of 6% per year. Estimate the share value of the firm if the market required rate of return is 16% p.a. (5 marks)