The stock of Robotic Atlanta Inc. is trading at $22.01 per share. In the past, the firm has paid a constant dividend of $4.77 per share and it has just paid an annual dividend (i.e., D0 = 4.77). However, the company will announce today new investments that the market did not know about. It is expected that with these new investments, the dividends will grow at 7.0% forever. Assuming that the discount rate remains the same, what will be the price of the stock after the announcement