You are considering the purchase of $50$ shares of Roney Industries common stock. Roney's dividends are expected to increase at an annual rate of $3\%$ for the next two years and then decrease by $4\%$ for the next two years before stabilizing at a positive growth rate of $4\mathrm{.}2\%$ that will continue indefinitely. The day before your purchase, the firm paid a common stock dividend of $$8$ per share.Calculate the price of Roney's common stock as of today assuming that the market requires a rate of return of $10\%$ on the common stock.