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Enamberlain Corporation is expected to pay the following dividends over the next four years: $ 1 2 . 5 0 , $ 8 . 5

Enamberlain Corporation is expected to pay the following dividends over the next four years: $12.50,$8.50,$7.50, and $3.00. Afterward, the company pledges to maintain a constant 4% growth rate in dividends forever. If the required return on the stock is 12%, what is the current share price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)
Current share price
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