Problem $8-14$ Stock Valuation $[$LO$1]$ Avacado Farms just paid a dividend of $$3\mathrm{.}50$ on its stock. The growth rate in dividends is expected to be a constant $5$ percent per year indefinitely. Investors require a return of $13$ percent for the first three years, a return of $11$ percent for the next three years, and a return of $9$ percent thereafter. What is the current share price? Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$