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Company Z-prime's earnings and dividends per share are oxpected to grow by 5% a year, its growth Will stop ofter year 4 . In year

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Company Z-prime's earnings and dividends per share are oxpected to grow by 5% a year, its growth Will stop ofter year 4 . In year 5 and afterward, it will poy out afl earnings as dividends. Assume next year's dividend is $10, the cost of equity is 8%, and next year's EPS is $15. What is Z -prime's stock price? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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