The stock of Robotic Atlanta Inc. is trading at $ 30.91 per share. In the past, the firm has paid a constant dividend of $ 4.33 per share and it has just paid an annual dividend (i.e., D0 = 4.33 ). 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 6.8 % forever. Assuming that the discount rate remains the same, what will be the price of the stock after the announcement?