Diamond Mines' (DM) recently had a board meeting and it was decided that the company would start paying dividends. However it would take a bit of time to get things sorted out so the dividend would not start until 4 years from today. The first dividend amount would be $5 and the dividend would grow at a steady rate of 2.00% indefinitely. If the market's required return on DM stock is 7.50%, what would the stock sell for today