You are the Investment Manager of a major institutional investor and you are evaluating the Nepal Software company that is going public. This company currently has US $ 1 billion in revenue last year and is expected to grow 3% annually in perpetuity. The company generated US $ 30 million in operating income [EBIT * (1 - t)] last year and the operating margin is expected to double in the next 3 years (in equal annual increases). The company will have a depreciation of US $ 20 million and a fixed capital investment of US $ 15 million on a permanent basis. Assume that from year 3 onward, the company's cash flow grows at a rate of 5% per year.

Also, the company has a debt of US $ 150 million and they have to pay US $ 7.5 million in annual interest.

Given the type of business, analysts recommend having a Debt/ Equity ratio equal to 60%. On the other hand, it is known that the market return is 15% and the beta in the similar stock market is 1.5 and the risk-free rate is 3%. Using the above data, calculate the Nepal Software share price. Suppose you want to issue 100 million shares. (Note: the tax rate "t" is 20%)