A company currently pays a dividend of $2.0 per share. It is estimated that the company's dividend will grow at a rate of 11% per share for the next 2 years, and then at a constant rate of 8% thereafter. The company's stock has a beta of 1.2, the risk-free rate is 7.5%, and the market risk premium is 4%. Your estimate of the stock's current price is $ (Answer format: 123.45)