The Field CO. has common stock outstanding. The common stock paid a dividend of $3.00 this year. The company expects that earnings and dividends will grow by 25% for the next two years and from year 3...

The Field CO. has common stock outstanding. The common stock paid a dividend of $3.00 this year. The company expects that earnings and dividends will grow by 25% for the next two years and from year 3 onward the growth will be constant at 9%. The required rate of return is 14%. Calculate the current price of the common stock.