A prestigious investment bank designed a new security that pays a quarterly dividend of $$4\mathrm{.}00$ in perpetuity. The first dividend occurs one quarter from today. What is the price of the security if the annual percentage rate is $4\mathrm{.}5$ percent compounded quarterly?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Present value