You are considering purchasing a stock of ABC Corp, which has just paid a 3% annual dividend per share. The company dose not repurchase any of its shares. You anticipate that the company's dividends will grow at a rate of 20% per year for the next 5 year. After this time, you think that the growth of the annual dividends will slow to 5% per year. If your cost of equity for ABC is 10%, what price should you be prepared to pay for the stock?