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Celtics Inside Paint, Inc. is considering a substantial investment in the stock of Brooklyn Outside Security, Inc. Brooklyn curity in pays a dividend of $6.73

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Celtics Inside Paint, Inc. is considering a substantial investment in the stock of Brooklyn Outside Security, Inc. Brooklyn curity in pays a dividend of $6.73 per share. This dividend is expected to grow at 14 percent per year for the next two years and percent per yer for the following four years. Brooklyn's marginal tax rate ls 29 percent. Celtics expects the value of Brooklyn's sted to me by 21 percent between now and the beginning of year 4. 1 Celtics requires a 16 percent rate of return on investments of this type, tu var would Celtics place on the Brooklyn stock Use your financial calculator's storage capability to avoid any rounding until the final answer. Enter your answer for the current value Brooklyn stock per share to the nearest penny lie, rounded to two decimal places

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