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Haverty's Furniture, Inc. just paid a dividend of $ 4 . 6 8 per share. This dividend is expected to grow at 1 3 %

Haverty's Furniture, Inc. just paid a dividend of $4.68 per share. This dividend is expected to grow at 13% per year for the next five years and11% per year for the following four years. Analysts expect Haverty's Furniture stock to be equal to $72.00 at the end of year =9. What value should investors place on the stock today, assuming that the analyst forecasts are reasonable and that investors require a 6% annual return on the stock?
Enter your answer in dollars, rounded to the nearest penny (e.g., if your answer is $15.7584, then enter 15.76 as your answer).
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