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The stock of Robotic Atlanta Inc. is trading at $24.63 per share. In the past, the firm has paid a constant dividend (i.e., g-0) of $ 5.95 per share and it has just paid an annual dividend (i.e., DO 5.95). However, the company will announce today new investments that the market did not know about. It is expected that with these new investments, the dividends will grow at 5.2 % forever. Assuming that the discount rate remains the same, what will be the price of the stock after the announcement? (Round your answer to 2 decimal places and record your answer without dollar sign or commas) Answer: (33,02)