According to your research, the growth rate in dividends for SIR for the next five years is expected to be $20$ percent. Suppose SIR meets this growth rate in dividends for the next five years and then the dividend growth rate falls to $5\mathrm{.}25$ percent indefinitely. Assume investors require a return of $12$ percent on SIR stock. $($Hint: the number after the company's name above is DO$.)$

Requirement $1$:

According to the dividend growth model, what should the stock price be today? $($Do not round intermediate calculations. Round your answer to $2$ decimal places $($e$.$g$.,32\mathrm{.}16).)$

Current stock price