Navel County Choppers, Inc. is experiencing rapid growth. The company expects dividends to grow at 20 percent per year for the next 10 years before leveling off at 5 percent into perpetuity. The required return on the company's stock is 11 percent. If the dividend per share just paid was $1.57, what is the stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Slock pics terences ME G PO Du T 1 2 3 $ 4 % 5 6 & 7 8 9 W E R T Y