You are analyzing the shares of GottaDance Corporation to determine whether your fund should add their shares to the portfolio. The following information is the result of your analysis:

Beta 1.36 Risk-free rate 1.8%

Market risk premium 7.0%

Current dividend $ 7.00

You have modelled three potential scenarios for the short-term and long-term growth of GottaDance going forward: Best Baseline Worst Supernormal growth 12.0% 9.0% 4.0% Growth period 5 years 3 years 2 years Long-term growth 2.5% 2.0% 1.2%

Assuming the best/baseline/worst case scenario probabilities to have a 20% / 60% / 20% distribution, what is your estimate for the share value?