a Samara, Peta-Gaye & Antoni Inc. common stock has a beta of 2.4 and their most recent dividend was $1.60 per share. They reinvest 30% of their profits each year and have a 25% return on equity. Their shareholders require a return of 18% How much would you be willing to pay for these shares given the above? (Give your answer to 2 decimal places te $xx.xx)? (4 marks)