Nelly Enterprises will have earnings per share of 53.5 for the coming year. Nelly plans to retain all its earnings for the next four years. For the subsequent three years, the firm plans on retaining 50% of its earnings .Retained earnings will be invested in projects with expected return of 15% per year for the first seven years. It will then retain only 25% of its earnings for the next three years and retained earnings will be invested in projects with an expected return of 20% per year. After that Nelly will retain only 15% of its earnings from that point forward. Retained earnings will be invested in projects with an expected return of 12% per year. If Nelly's equity cost of capital is 10%, then what is the price of a share of Nelly's stock