Marks 16 of 30 Alexion Airlines is expected to pay dividend of $4.105 in the coming year. Dividends are expected to decline at the rate of 2.6% per year. The risk free rate of return is 6%, and the market risk premium is 7.4%. The stock of Alexion Airlines Company has a beta of -0.15. At which price should the stock be trading at today? (Note: Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) The price of the stock is $