Entertainment, Incorporated, has an odd dividend policy. The company has just paid a dividend of $$4\mathrm{.}50$ per share and has announced

that it will increase the dividend by $$8$ per share for each of the next five years and then never pay another dividend. If you require a

return of $10$ percent on the company's stock, how much will you pay for a share today?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Current share price