Forral Company has never paid a dividend. But, the company plans to start paying dividends in two yearsthat is, at the end of Year 2. The first dividend is expected to equal $2 per share. The second dividend and every dividend thereafter are expected to grow at a 5 percent rate. If investors require a 15 percent rate of return to purchase Forrals common stock, what should be the market value of its stock today? *SET DECIMAL PLACE TO 4 DIGITS AND SHOW ALL WORK*