A company just paid a dividend of $$6$ per share and investors widely believe that the company's dividend will grow by $8\%$ next year. A share of the company's stock currently sells for $$52\mathrm{.}97.$ If the required return for this company's stock is $17\%$ what is the company's stock price expected to be$?$

$($I believe the answer is $$55\mathrm{.}50$ but I am trying to visualize the steps taken to get there$)$