A company currently pays a dividend of $3.6 per share (Dj=53.6 ). It is estimated that the company's dividend will grow at a rate of 2346 per year for the next 2 years, and then at a comtant rate of 7W thereafter. Toe cempany's stock has a beta of 1.4, the nik-free rate is 9% and the market risk premium is 4%4. What is your estimate of the stock's current price? Do net round intemediate calculitions. found your answer to the neareut cent