The stock presently pays the dividend of $3.90 per share (D0 = $3.90). It is evaluated that company's dividend will grow at the rate of 22.5% per year for next two years, then at the constant rate of 6.60% thereafter. Company's stock has the beta of 1.70, risk-free rate is 8.25%, and market risk premium is 10.50%. Find the estimate of stock's current price?