Home Builders, Inc. is a very cyclical type of business which is reflected in their dividend policy. The firm pays a $$3\mathrm{.}50$ per share dividend every other year. The last dividend was paid last year. Four years from now, the company plans to pay a $$77$ liquidating dividend per share. What is the current market value of this stock if the market rate of return is $18\mathrm{.}5$ percent