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Callumber Clothiers Ltd's current dividend is $3,40. Dividends are expected to grow by 7 percent for years 1 to 3,5 percent for years 4 to

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Callumber Clothiers Ltd's current dividend is $3,40. Dividends are expected to grow by 7 percent for years 1 to 3,5 percent for years 4 to 7, and 1 percent thereafter. The required rate of return on the stock is 10 percent. What is the current stock price for Cullumber? (Round intermediate calculations to 4 decimal places, eg.45.1771 and final answer to 2 decimal places, es. 45.17.) Stockprice $

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