says this is wrong, have done it multiple times and I still get the same answer.

Bill's Bakery has current earnings per share of $2.56. Current book value is $4.70 per share. The appropriate discount rate for Bill's Bakery is 11 percent. Calculate the share price for Bill's Bakery if earnings grow at 3 percent forever. (Do not round intermediate calculations. Round your answer to 2 decimal places.) T 30.24 Share price