Old Farm Manufacturing Company's common stock has a beta of 1.98. The company just paid $1.29 per share in annual dividends has and has a long-term growth rate of 2.64 percent. The risk-free rate is 2.98 percent, and the required return on market portfolio is 9.01 percent. Calculate the dollar value of this stock. (You will calculate the required return on Old Farm Manufacturing's common stock first). Round the answers to two decimal places. Your