Slom Reap Tours, Inc. expects to pay a dividend next year of $4.80 per share. They anticipate increasing the dividend every year at 29, indefinitely. The stock market is expected to generate a 1700% return for the foreseeable future, and Treasury bills are producing a return of 2.20%. If the company is 60% riskler than the stock market (as measured by beta), what is the expected price of the company's stock? (Enter your answers in dollars rounded to two decimal places)