Suppose the dividends for the Seger Corporation over the past six years were $$1\mathrm{.}40,$ $$1\mathrm{.}48,$ $$1\mathrm{.}57,$ $$1\mathrm{.}65,$ $$1\mathrm{.}75,$ and $$1\mathrm{.}80,$ respectively. Assume that the historical $($arithmetic$)$ average growth rates will remain the same for $2022.$ Compute the expected share price at the end of $2022$ using the perpetual growth method. Assume the market risk premium is $11\mathrm{.}7$ percent, Treasury bills yield $5\mathrm{.}9$ percent, and the projected beta of the firm is $0\mathrm{.}88.$