Your company just paid a dividend of \$2.00. The growth rate is expected to be 4 percent for 1 year, 5 percent the next year, then 6 percent for the following year, and then the growth rate is expected to be a constant 8 percent thereafter. The required rate of return on equity is 11 percent. What is the current stock price? 557.48 $50.61 567.47 $66.27