Far Side Corporation is expected to pay the following dividends over the next four years: $14, $11, $9, and $4. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. Required: If the required return on the stock is 13 percent, what is the current share price? (Do not round your intermediate calculations.)

rev: 09_18_2012, 06_27_2015_QC_CS-18560

$63.50

$68.85

$72.57

$64.89

$66.84