The purchase of preferred shares in a new software company guarantees a cash dividend of $43 per share at the end of its first year. However, the dividend is expected to decrease by 0.25% per year as the company reinvests its earnings. What is the expected market price per share if money is worth 5.25% compounded annually? The expected market price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)