Larancia Company just paid a dividend of $1.67 per share to its stockholders. Market analysts believe Larancia Company will grow by 19 percent next year, 13.75 percent the following year, and 13 percent the year after. Then, it is projected that Larancia Company will grow at a constant rate of 4.75 percent per year indefinitely. The current rate of interest on risk-free asset is 2.51 percent, and the rate of return on market portfolio is 11.25 percent. Larancia Companys beta is estimated to be 1.09. What is your estimate of the current market price of Larancia Companys stock?