Consider the following information which relates to a given company: Item 2019 Value $6.69 $35.26 Earnings Per Share Price Per Share (Common Stock) Book Value (Common Stock Equity) Total Common Stock Outstanding Dividend Per Share $63.15 Million Million 2 $5.23 Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.55% in the future, or possibly 8.28% for the next 2 years and 6.96% thereafter. In addition, it is expected that the risk of the firm, as measured by the risk premium on its stock, to increase immediately from 8.42% to 12.5%. Currently, the risk-free rate is 5.15%. Required: Assuming a constant annual 6.55% growth rate in future dividends, find the value per share of the firm's stock. The required return is 16.97%