A share of common stock has just paid a dividend of $$7\mathrm{.}3.$ If the expected long$-$run growth rate for this stock is $4\mathrm{.}3$ percent, and if investors require a $19$ percent rate of return, what is the price of the stock?

$$53\mathrm{.}80$

$$49\mathrm{.}80$

$$47\mathrm{.}80$

$$55\mathrm{.}80$

$$51\mathrm{.}80$