You are looking at the company that just paid $0.50 dividend, and is planning to pay two more dividends for next two years, $1.00 and $1.50 respectively. After that management plans to stop paying dividend for 5 years and is going to plow its operating cash flows back into the company and invest to fuel future cash flow growth. After five years management is planning to resume companys dividend of $2.00 per share in year 8 and thinks that they will be able to increase the dividend by 1.50% per year thereafter. If investors require 11% return on this stock, what is its current share price?