$33)$ Great Wall Manufacturing has a beta of $1\mathrm{.}4.$ The risk$-$free rate of return is currently $5$ percent and the required rate of return on a market portfolio is $16$ percent. The company paid a dividend of $$2\mathrm{.}00$ per share this year and anticipates that its future dividends will increase at an annual rate of $3\%$ per year thereafter. Estimate the current price of the company$$s stock $(10$ points$).$