ebook Nonconstant Dividend Growth Valuation A company currently pays a dividend of $3.8 per share (D - $3.8). It is estimated that the company's dividend will grow at a rate of 1996 per year for the next 2 years and then at a constant rate of thereafter. The company's stock has a beta of 1.o, the risk free rate is 946, and the market risk premium is 6. What is your estimate of the stock's current price? Do not round intermediate calculations. Round your answer to the nearest cent. ad