Sea Side, Inc., just paid a dividend of $2.16 per share on its stock. The growth rate in dividends is expected to be a constant 5.8 percent per year indefinitely. Investors require a return of 18 percent on the stock for the first three years, then a 13 percent return for the next three years, and then a 11 percent return thereafter. What is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

*I have seen this question posted before but all have the wrong answers.

The answer is NOT...

26.8

10.55

3691.53

All of these answers are wrong.