Estimates of a firm's returns revealed that beta of the firm was 0.6, and the historical average market return over the past 5 years has been 12.2%, and the current risk-free rate is 3.86%. What is the expected return of this stock based on the Capital Asset Pricing Model (CAPM). The firm just recently released a dividend for $3.03 per share, given an expected dividend growth rate of 8.30%, what is the price per share of the stock? (tolerance is 0.01, round to 2 decimals, do not enter $ symbol)