Harry Harrison wishes to purchase the common stock of the Hudson Hairpin Corp. The company is projecting that they will pay annual dividends in the amount of $2.00, $2.50, $3.00, $3.50, and $4.00 over the next five years, respectively. Harry expects that he will be able to sell the stock at the end of the fifth year for $65.00. If his required rate of return is 18.25%, what will he pay for the stock today ?