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Ale Airlines is expected to pay dividend of $3.51 in the coming year. Dividends are expected to decline at the rate of 1% per year. The risk free rate of return is 6%, and the market risk premium is 7.8%. The stock of Alexion Airlines Company has a beta of -0.15. At which price should the stock be trading at today? (Note: Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) The price of the stock is $