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Last year, Dover Pizza Inc. had EPS of $5, the stock was at $30, and the PE was 6. The company now has 5,000,000 shares

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Last year, Dover Pizza Inc. had EPS of $5, the stock was at $30, and the PE was 6. The company now has 5,000,000 shares of common stock outstanding. The company's net income is now $12,000,000. Assuming the company's price/earnings ratio increases by 50%, what will be the company's stock price now? (Answer in dollars. If needed, answer with up to two decimal places and omit the dollar sign, S, for example, X.XX.)

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