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Sea Side, Inc., just percent per year indefinitely. Investors require a return of 22 percent paid a dividend of $2.32 per share on its stock.

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Sea Side, Inc., just percent per year indefinitely. Investors require a return of 22 percent paid a dividend of $2.32 per share on its stock. The growth rate in dividends is expected to be a constant 5.9 next three years, and then a return of 15 percent thereafter. What is the current share price? (Do not round intermediate on the stock for the first three years, then a return of 17 percent calculations. Round your answer to 2 decimal places.) Share price

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