The Miley Serious Wardrobe Co. manufactures malfunctioning wardrobes. It just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. If investors require a return of 10.5 percent on the companys stock, what is the current price? What will the price be in three years? In 15 years?