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Pharoah Clothiers Ltd ' s current dividend is $ 4 . 8 0 . Dividends are expected to grow by 9 percent for years 1

Pharoah Clothiers Ltd's current dividend is $4.80. Dividends are expected to grow by 9 percent for years 1 to 3,4 percent for years 4 to 7, and 3 percent thereafter. The required rate of return on the stock is 12 percent. What is the current stock price for Pharoah? (Round intermediate calculations to 4 decimal places, e.g.45.1771 and final answer to 2 decimal places, e.g.45.17.)
Stock price $
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