Bristol Industries plans to pay a $5.00 dividend this year and you expect that the firm's earnings are on track to grow at 4% per year for the foreseeable future. Bristol's equity cost of capital is 10%. Assuming that Bristol' dividend payout rate and expected growth rate remain constant, and Bristol does not issue or repurchase shares, then what is Bristol's stock price? Suppose that Bristol decides to pay a dividend of only $2.5 per share this year and use the remaining $2.5 per share to repurchase stock.