The Smarty Company's recent dividend was $3 (D₀ = $3) per share, and that dividend is expected to grow at a constant rate of 3.5% per year in the future. The company's beta is 1.76, the market risk premium is 5.7%, and the risk-free rate is 4.00%. What is the company's stock price 2 years later? (if your price is $12.34, just enter "12.34".)