today? Do not round intermediate calculations. Round your answer to the nearest cent

A stock is expected to pay a dividend of $2.00 at the end of the year (i.e., Dl = $2.00), and it should continue to grow at a constant rate of 4% a year. If its required retum is 12%, what is the stock's expected price 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent.