Joseph Moore is interested in purchasing the common stock of Carla Vista, Inc., which is currently priced at $34.51. The company is expected to pay a dividend of $2.58 next year and to increase its dividend at a constant rate of 6.30 percent. What should the market value of the stock be if the required rate of return is 14 percent? (Round answer to 2 decimal places, e.g. 15.20.) Market value of stock Is this a good buy