The company has issued 6 million ordinary shares. It has just paid a dividend of $3.5 million. That dividend is expected to grow at a rate of 29 percent per annum for the next three years, then at a rate of 16 percent in the 4th year and at a rate of 3.69 percent per annum forever after that. Assuming a required rate of return of 12.7 percent, calculate the current market price of the share. Explain the difficulties of