CORONADO Ltd$.$ had earnings per share of $$5$ as of December $31,2022,$ but paid no dividends. Earnings were expected to grow at

$14\mathrm{.}2$ percent per year for the following five years. CORONADO Ltd$.$ will start paying dividends for the first time on December $31,$

$2027,$ distributing $50$ percent of its earnings to shareholders. Earnings growth will be $6$ percent per year for the next six years $($that is$,$

from January $1,2028,$ through to December $31,2033).$ Starting on December $31,2033,$ CORONADO Ltd$.$ will begin to pay out $80$

percent of its earnings in dividends and earnings growth will stabilize at $2$ percent per year in perpetuity. The required rate of return o

CORONADO stock is $10$ percent. What should be the current share price of CORONADO? $($Round intermediate calculations to $6$

decimal places, e$.$g$.15\mathrm{.}612125$ and the final answer to $2$ decimal places, e$.$g$.15\mathrm{.}61.)$

Current share price of CORONADO $CORONADO Ltd$.$ had earnings per share of $$5$ as of December $31,2022,$ but paid no dividends. Earnings were expected to grow at $14\mathrm{.}2$ percent per year for the following five yearsCORONADO Ltd will start paying dividends for the first time on December $31,2027,$ distributing $50$ percent of its earnings to shareholders. Earnings growth will be $6$ percent per year for the next six years $($that is from January $12028,$ through to December $31,2033)$Starting on December $31,2033,$ CORONADO Ltd$.$ will begin to pay out $80$ percent of its earnings in dividends and earnings growth will stabilize at $2$ percent per year in perpetuity.The required rate of return CORONADO stock is $10$ percentWhat should be the current share price of CORONADO? $($Round intermediate calculations to $615\mathrm{.}612125$ and the answer to $2$ decimal places$15\mathrm{.}61)$

please include the final answer to the question$*$