Problem 7-02 Constant Growth Valuation Boehm Incorporated is expected to pay a $3.90 per share dividend at the end of this year (i.e, D $3.90). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 9%. what is the estimated value per share of Bochm's stock? Round your answer to the nearest cent