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Carla Vista Corp. paid a dividend of $2.70 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for the

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Carla Vista Corp. paid a dividend of $2.70 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for the foreseeable future. If investors in stocks of companies like Carla Vista require a rate of return of 19 percent, what should be the market price of Carla Vista stock? (Round dividend and final answer to 2 decimal places, e.g. 15.25.) Marketprice

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