Canadian Company reported EPS of $4.7 at the end of 2020. The company has no growth and pays out all earnings as dividends. It has a new project that will require an investment of $2.3 per share in one year. The project, if undertaken, will increase earnings in the years following the investment by $6.0 in perpetuity. Investors require a 5.7 percent return on the company’s stock. What is the value per share of the company’s stock, assuming the firm undertakes the investment opportunity?