Laurat Entorprises expects esmings next year of $4.11 per shafo and has a 40% retention rato, which if plans to keep constant is equity cost of capital is 97%, which is also its expected retum on new inveskinent. Its eamings are expected to grow forever at a rate of 3.9% per year. If ts next dividend is due in one year, what do you etlimate the firm's current stock price to be