6. [Ch 8] Forte Coffee paid an annual dividend of $1.60 per share yesterday. The company is planning on paying dividends of $2.40 and $3.20 per share over the next two years. After that, analysts expect that the dividend will grow at a constant rate of 3.75% per year. What is the market price of this stock if the required rate of return is 8.00% ? (to nearest \$0.01)