Use the Dividend Discount Model to compute the expected price of a stock in $3$ years. Each share is expected to pay a dividend of $$5\mathrm{.}86$ in one year. Investors' annual required rate of return is $20\mathrm{.}1\%,$ and the expected growth rate of the dividend is $3\mathrm{.}5\%$ per annum. Answer to the nearest penny.

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