The Rockford Boat Company just declared a dividend of $4 per share. It is expected that the company's earnings and dividends will grow at a rate of 20% next year, 15% the following year and 11% the year after that. After that, earnings and dividends are expected to grow at a constant rate of 3%. Required: If you expect a rate of return of 10% on this stock, what would you expect to pay for a share of Rockford Boat Company stock today?