Please use Excel to solve this question, show your steps and no handwritten answer will be accepted.

JJ Industries will pay a regular dividend of $1.50 per share for each of the next four years. At the end of four years, the company will also pay out a liquidating dividend. If the discount rate is 9 percent, and the current share price is $58, what must the liquidating dividend be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)