Marigold Financial Ltd$.$ is interested in investing in Scion Systems Inc. Scion's current dividend is $$5\mathrm{.}15$ and its shares are selling for $$40.$ The required rate of return for firms like Scion is $8$ percent. Marigold has conducted an extensive analysis of the company and believes that the dividend growth rate should be $5$ percent.

Should Marigold buy the stock at $$40?($Round answer to $2$ decimal places, e$.$g$.105\mathrm{.}25.)$

Price of the stock should be

$

Marigold

buy the stock.