Arcturus, Inc. just paid a dividend of $$3\mathrm{.}20($i$.$e$.,$ D$0=3\mathrm{.}20).$ Arcturus$$s dividends will grow at $25\%$ next year

and then $30\%$ for the two years after that. After that, the dividend will grow at $4\%$ forever. Assuming a $11\%$

cost of equity, the current stock price should be $$\_\_\_\_\_.$