New Port Company has just now paid a dividend of $$2\mathrm{.}83$ per share $($Div$0)$; its dividends are expected to grow at a constant rate of $6$ percent per year forever. If the required rate of return on the stock is $16$ percent, what is the current value of the stock, after paying the dividend?

$$70$

$$56$

$$30$

$$28$

$$51\mathrm{.}20$