Colgate-Palmolive Company has just paid an annual dividend of $1.31. analysts are predicting dividend to grow by $0.19 per year over the next five years. After then, Colgate's earnings are expected to grow 6.9% per year and it's dividend payout will remain constant. If Colgate's equity cost of capital is 8.2% per year, what price does the dividend discount model predict Colgate stock should sell for