Pixie Products is growing rapidly in the current economic environment. It expects to increase dividends at a rate of 18 percent for the next three years. After that, it is expected that the growth rate will drop to 3.8 percent and remain at that level thereafter. If the required retum is 10.0 percent and the company just paid a dividend of $2.30, what is the current share price? (Hint: Calculate the first four dividends.) (Do not round intermediate colculotions and round your answer to 2 decimal ploces, e. .. . 32.16.)