E$-$Eyes.com has a new issue of preferred stock it calls $\frac{20}{20}$ preferred. The stock will pay a $$20$ dividend per year, but the first dividend will not be paid until $20$ years from today. If you require a return of $8\mathrm{.}75$ percent on this stock, how much should you pay today?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete but not entirely correct.

$\backslash$table$[[$Current stock price,$$42\mathrm{.}11$