At the beginning of the year, an analyst forecasts that the earnings of Gyronetics Corp. will be $120 pershare this year. Due to increased demand for drones, Gyronetics main product, earnings are expected togrow at a fast pace forever, at 16% per year. However, due to the riskiness of the business, the analystbelieves the appropriate discount rate for the company must also be high, equal to 35%. Gyroneticsmaintains a constant payout ratio of 3% per year. In the analysts opinion, what should Gyronetics stockprice be?