The current book value per share of B$.$L$.$ Black & Sons is $$10$ and the firm expects earnings per share of $$3\mathrm{.}25$ next year with annual earnings growth of $4\mathrm{.}5$ percent. What is the current market value of this stock if the beta of this company is $2?$ Assume that the risk free rate is $3\mathrm{.}5\%$ and market return is $9\mathrm{.}5\%.$