The answer is incorrect..please give correct answer

Incorrect Question 1 3 U 1" I142 [:15 An investor is considering purchasing a share of stock. Earnings are expected to be SE- per share and the price next year is expected to be $100. Suppose riskfree interest rates rise and the required rate of return increases from We to 8%. Nothing else changes. What is net".r price the investor is wiling to pay for the stock? Answer in dollars and do not enter a Ssign. Round to two decimal places