Shipping company Deliveroo has exclusive ownership of the Fast&Furious Truck Company until the end of 2023. During this time, they are expected to grow their annual dividend by at least 8% every annual period.

After 2023 the Fast&Furious Truck company is sold to a foreign company, they are projecting that the long-term growth rate will stabilise to 3% p.a. compounded semi-annually forever. They paid a dividend of $0.21 on the last day of 2020. The required return on equity is assumed to be 6.5% p.a. compounded annually. 

Calculate the expected share price of Deliveroo at the end of 2020.