A company currently pays a dividend of $2 per share. It is estimated that the companys dividend for the next 2 years are 2.4, 2.88 , then the dividend will grow at a constant rate of 8 percent thereafter. The companys stock has a beta equal to 1.2, the risk-free rate is 7.5 percent, and the market risk premium is 4 percent. What would you estimate is the stocks current price?