Nonconstant Growth Valuation A company eurrentiy pays a dividend of $1.4 per share (D0=$1.4). It is estimated that the company's dividend will grow at a rate of 23% per year for the next 2 years, and then at a constant rate of 7% thereafter. The company's stock has a beta of 1.8 , the risk-free rate is 8.5%, and the market risk premlum is 3.5%. What is your estimate of the stock's current price? Do not round intermediate calculations, Round your answer to the nearest cent