Assume Highine Company has just paid an arnual dividend of $0.94. Analysts are predicting an 10.4% per year growth rate in eamings over the next five years. After then, Highines eamings are expected to grow at the cuirent industry average of 4.9% per your. If Hightine's equity cost of capital is 7.5% per year and its dividend payout ratio remains constant for what price does the dividend-diwcount model predict Highline stock should sel? The value of Highline's stock is ? (Round to the nearest cent)