Company Z-primes earnings and dividends per share are expected to grow by 4% a year. Its growth will stop after year 4. In year 5 and afterward, it will pay out all earnings as dividends. Assume next years dividend is $4, the cost of equity is 14%, and next years EPS is $9. What is Z-primes stock price?

Company Z-prime's earnings and dividends per share are expected to grow by 4% a year. Its growth will stop after year 4. In year 5 and fterward, it will pay out all earnings as dividends. Assume next year's lividend is $4, the cost of equity is 14%, and next year's EPS is $9. What is Z-prime's stock price? (Do not round intermediate alculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct