Which of the following amounts is closest to what should be paid for Overland common stock?

Which of the following amounts is closest to what should be paid for Overland common stock? Overland has just paid a dividend of $1.73. These dividends are expected to grow at a rate of 6.0% in the foreseeable future. The risk of this company suggests that future cash flows should be discounted at a rate of 11.1%. Show your answer to the nearest $.01. Do not use the $ sign in your answer.

*hint* - Overland Stock Price =(Dividend 0* (1+growth rate))/(required return-growth rate)

Is the answer (1.73*(1+.06))/(.111-.06) = 35.96????