A company that pays dividends every quarter has just paid its quarterly dividend. At the next time for distribution, i.e. in three months, SEK 1.38 per share will be distributed. The market portfolio has an annual expected return of 12.83% and the annual risk-free rate is 5.83%. The company is estimated to have a beta value that is 1.95 times the beta value of the market portfolio. Assume that the CAPM holds and calculate the company's stock price today if the dividend is expected to grow continuously at 15.91% annually for the foreseeable future. Round your answer to 2 decimal places. Hint: Remember that a quarterly interest based on an annual interest can be calculated by quarterly interest=(1+annual interest)^(1/4)-1.