Raphael Corporation$$s common stock is currently selling on a stock exchange at $$162$ per share, and its current balance sheet shows the following stockholders$$ equity section:

Preferred stock$5\%$ cumulative, $$\_\_\_$ par value, $1,000$ shares

authorized, issued, and outstanding $ $55,000$

Common stock$$$$\_\_\_$ par value, $4,000$ shares authorized, issued,

and outstanding $80,000$

Retained earnings $380,000$

Total stockholders' equity $ $515,000$

Required:

$1.$ What is the current market value $($price$)$ of this corporation$$s common stock?