A stock is expected to pay a dividend of $3.4 one year from now, and the same amount every year thereafter. The stock's required return (indefinitely) is expected to be 11.2%. The stock's predicted price exactly 5 years from now, P5, should be $_______________. Do not round any intermediate work, but round your final answer to 2 decimal places (ex: $12.34567 should be entered as 12.35). Margin of error for correct responses: +/- .05.