Headland Clothiers Ltd's current dividend is $3.20. Dividends are expected to grow by 8 percent for years 1 to 3,6 percent for years 4 to 7, and 2 percent thereafter. The required rate of return on the stock is 11 percent. What is the current stock price for Headland? (Round intermediate calculations to 4 decimal places, eg. 45.1771 and final answer to 2 decimal places, eg. 45.17.) Stock price $