Current Attempt in Progress

The required rate of return is $20\mathrm{.}05$ percent. C rane Corp. has just paid a dividend of $$3\mathrm{.}12$ and is expected to increase its dividend at a constant rate of $7\mathrm{.}80$ percent. What is the expected price of the stock three years from now? $($Do not round intermediate calculations. Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}20.)$

Expected price $