Find the current price for Comcast stock if it pays a $2.9 dividend that is expected to remain constant for now. Dividends are paid at the end of each quarter. Investors expect the price (ex-dividend) of Comcast to be $26 at the end of year 4 and the annualized expected return on Comcast stock is estimated to be 4.5% per year. Assume quarterly compounding.

Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.

Enter numerical answers as a positive number rounded to 2 decimal places (###.##)