PLEASE SHOW WORK

You are considering the purchase of 50 shares of Gannon Industries common stock. Gannons dividends are expected to decrease at an annual rate of 3% for the next three years before stabilizing at a positive growth rate of 4.2% that will continue indefinitely. The day before your purchase, the firm paid a common stock dividend of $10 per share. Calculate the price of Gannons common stock as of today assuming that the market requires a rate of return of 11% on the common stock.