You are using a dividend discount model to value a firm, which is expected to generate a 20% return on equity in perpetuity. The company paid dividends of $30 million on net income of $100 million in the most recent year and is expected to maintain high growth for the next 4 years, before settling into stable growth, growing 2% a year in perpetuity. If the cost of equity is 8%, estimate the value of firm.