common stock valuation

the investors required rate of return is 14 Percent

the expected level of earnings at the end of the year ( E1) is $5

the retention ratio is 50 percent,

the return on equity (ROE) is 15 percent, and similiar shares of stock sell at multiples of 7.692 times earnings per share.

using the dividend discount model what woulbd the stock price if the firm could earn 20% on reinvested earnings (ROE)?