Company Z-prime's earnings and dividends per share are expected to grow by 2% a year. Its growth will stop after year 4 . In year 5 and afterward, it will pay out all earnings as dividends. Assume next year's dividend is $4, the cost of equity is 10%, and next year's EPS is $11. What is Z-prime's stock price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places