Universal Laser Inc. Just pald a dividend of $3.05 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year, Indefinitely. Investors require a 12 percent return on the stock for the first three years, a 10 percent return for the next three years, and then an 8 percent return thereafter. What is the current share price for the stock? (Do not round Intermediate calculations and round the final answer to 2 decimal places. Omit \$ sign In your response.) Current share price $