Haverty's furniture just paid a dividend of $3.71 per share. This dividend is expected to grow at 13% per year for the next five years and 9% per year for the following four years. Analysts expect haverty's furniture stock to be equal to $69.00 at the end of year=9. What value should investors place on the stock today, assuming that the analyst forecasts are reasonable and that investors require a 6% annual return on the stock? Enter your answer in dollars, rounded to the nearest penny.