South Side Corporation is expected to pay the following dividends over the next four years: $13, $9, $8, and $3.50. Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price?

Current share price ???

Other examples with same #s on website giving wrong answer. its not 56.49 or 52.50