The stock of Robotic Atlanta Inc. is trading at $ $25\mathrm{.}14$ per share. In the past, the firm has paid a constant dividend of $ $5\mathrm{.}66$ per share and it has just paid an annual dividend $($i$.$e$.,$ D$0=5\mathrm{.}66).$ 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 $7\mathrm{.}7\%$ forever. Assuming that the discount rate remains the same, what will be the price of the stock after the announcement? Calculate your answer to the nearest penny, do not use the $ sign in your answer.