Company Z$\text{'}$s earnings and dividends per share are expected to grow indefinitely by $3\%$ a year.Assume next year's dividend per share is $$21.$ The cost of equity is $9\%.$ If Company Z were todistribute all of its earnings, it could maintain a level dividend stream of $$3$ a share. How much isthe market actually paying per share for growth opportunities? $($Do not round intermediatecalculations. Round your answer to $2$ decimal places.$)$