Question $1(2$ points$)$

Sky High Co$.$ just paid a dividend of $$1\mathrm{.}8$ per share on its stock. The dividends are expected to grow at a constant rate of $4$ percent per year indefinitely. If investors require an $14\mathrm{.}1$ percent return on Sky High Co$.$ stock, the current price is $

Round it to two decimal places, and do not include the $ sign, e$.$g$.,23\mathrm{.}56.$

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