This year, Bootle's Inc. just paid out a $1.15/share annual dividend. Analysts predict a 9.2% growth rate in earnings per year over the next 2 years, a 4.7% growth rate for the following year, and after that they expect earnings growth at the industry average of 4% forever. Comparable investments have a rate of return of 6%. If Bootle's Inc. expects to keep its dividend payout ratio constant, and only account for future earnings, what price should you expect to pay for the stock today?