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Company Z-prime's eamings and dividends per share are expected to grow by 3h a yeac. its growth will stop after year 4 , in year

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Company Z-prime's eamings and dividends per share are expected to grow by 3h a yeac. its growth will stop after year 4 , in year 5 and afterward, it will pay out all eamings as dividends, Assume next year's dividend is $3, the market capitalization rate is 11% and next year's EPS is \$10. What is Z.prime's stock price? (Do not round intermediate calcufations. Round your answer to 2 . decimal places.)

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