ABC Co.. just paid a dividend of $1.47 per share on its stock. The dividends are expected to grow at a constant rate of 6.1% per year indefinitely. If investors require an 11.1% return on ABC Co.. stock, answer the following: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.)

What will the price be in 15 years?