Question 7 2 pts PeteCorp's stock has a Beta of 1.36. Its dividend is expected to be $3.18 next year, and will grow by 5% per year after that indefinitely. Assume the risk-free rate is 3%, and the Market Risk Premium is 7%. The stock price would currently be estimated to be $. Margin of error for correct responses: +/- .05 Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is 12.3456, 12.3456%, or $12.3456, you should enter 12.35).