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Vaughn Tire's current dividend is $ 4 . 7 0 . Dividends are expected to grow by 2 0 percent for years 1 to 3

Vaughn Tire's current dividend is $4.70. Dividends are expected to grow by 20 percent for years 1 to 3 and 10 percent thereafter. The required rate of return on the stock is 13 percent. What is Vaughn's current stock price? (Round intermediate calculations to 4 decimal places, e.g.7.1285 and final answer to 2 decimal places, e.g.115.61.)
Stock price $

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