8. Mr Itrat is an investment analyst in a reputed Asset Management Company. His Chief Investment Officer (CIO) asked him to do a valuation of Unilever Consumer Bangladesh. Itrat sees this year that Unilever paid a dividend of BDT 10 per share and he expects it to grow at 12% a year for the next 4 years at the end of which the new growth rate is expected to be a constant 7% a year. If the required rate of return is 14%, then what is the fair value of Unilever Bangladesh?