(Stocks) A stock with a beta of 1.07 is expected to pay a $1.87 dividend over the next year. The dividends are expected to grow at 2.84% per year forever. What is the stock's value per share (to the nearest cent, no $ symbol) if the risk-free rate is 1.09% and the market risk premium (i.e., the difference between the market return and the risk-free rate) is 6.13%? Note: You first need to find the required rate of return (r) using the CAPM equation.