A share of common stock has just paid a dividend of $1.9. If the expected long-run growth rate for this stock is 5%, and if investors' required rate of return is 19%, the stock price is $ (answer in two decimal numbers)

A share of common stock has just paid a dividend of $1.9. If the expected long-run growth rate for this stock is 5%, and if investors' required rate of return is 19%, the stock price is \$ (answer in two decimal numbers)