You expect that Bean Enterprises will have earnings per share of $$3\mathrm{.}0$ for the coming year. Bean plans to retain all of its earnings for the next three years. For the subsequent two years, the firm plans on retaining $50\%$ of its earnings. It will then retain only $25\%$ of its earnings from that point forward.. If Bean's equity cost of capital is $11\%,$ then the price of a share of Bean's stock is closest to: