Lizzy's Pet Parlour Ltd has not paid out any dividend in the last three years. It does not expect to pay dividends in the next two years either as it recovers from an economic slowdown. Three years from now it expects to pay a dividend of $2.50 and then $3.00 in the following two years. Thereafter, dividend is expected to grow at a constant rate of 8 per cent per year. If your required rate of return on such shares is 15 per cent, what is the current price of the share?