Problem 8-18 Supernormal Growth [LO1] Synovec Co is growing quickly Divdends are expected to grow at a rate of 22 percent the next three years, with the growth rate falling off to a constant 6 percent thereafter If the requtred return is 12 percent, and the company Just-pald a dividend of $3 25, what Is the current share price? (Do not round intermedlate calculetlons and round your answer to 2 decimal places, e.g., 32.16.)