Pazviad limited registered earnings per share of -$3.25 in 2021, with the reopening of borders and business almost going back to normal the company is projecting a turnaround in profitability and is forecasting earning per share of $6 . If the dividend payout ratio is 25% one year from now and the required rate of return is 14% what is the value of the share if dividends are expected to grow at a constant rate of 5% per annum forever from year 1?