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Use the information to solve the current share price. Scheduled dividends: $6.20,$17.20,$22.20, and $4.00. After that, they will pay a constant dividend growth rate of:

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Use the information to solve the current share price. Scheduled dividends: $6.20,$17.20,$22.20, and $4.00. After that, they will pay a constant dividend growth rate of: 5.5%. The required return on the stock: 9% What is the current price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 12.34.)

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