(Stocks) A stock with a beta of 1.15 is expected to pay a $1.77 dividend over the next year. The dividends are expected to grow at 2.9% per year forever. What is the stock's value per share (to the nearest cent, no $ symbol) if the risk-free rate is 1.81% and the market risk premium (i.e., the difference between the market return and the risk-free rate) is 6.37%? Note: You first need to find the required rate of return (r) using the CAPM equation.