Corporation, (Ticker: DUK) is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. Duke currently pays a dividend of $4.02. If Duke's management has recently announced that they have no plans to modify the amount of the dividend they pay their shareholders, how much should a share of the company sell for? You may assume that Duke's equity cost of capital is 6.00% Report your answer to the nearest penny. Do not include dollar sign (\$)