Suppose you are thinking of purchasing company XYZ Inc.'s stock today and selling it after 30 years. You expect the company to make $1 payments in dividends per year for the next 20 years and $1.50 in dividends for the following 10 years. At the end of 30 years, you expect to sell the stock for $50. Assume that the risk-free rate is 5%, the firm's stock has a beta of 1.2 and the market risk premium is 7%. How much are you willing to pay for this stock today?