Yesterday, Macallan Corp paid out $1.6900B in dividends and repurchased $4.5200B worth of shares. Macallan has 1.80B shares outstanding and pays all of its dividends and makes its repurchases at the end of each year. Because of the slow-down in the economy, analysts expect that next year Macallan will hold dividend payments constant at yesterday's level and cancel its stock repurchase program. Two years from now, analysts forecast that total payouts will return to the level of yesterday. After that date analysts expect that total payouts will grow at an annual rate of 2.25% in perpetuity. Assume that investors require a 11.50% rate of return on Macallan's shares. What do you think the stock price today is using the Total Payout Model? Enter your answer rounded to 2 decimal places. Selected Risk and Return Data Return Beta Hot Rize 10.7 2.0 Greensky 6.2 0.5 Market 9.0 1 Risk Free 3.0 0 The table presents performance data for two mutual funds over the last 5 years: the Hot Rize fund and the Greensky fund. The table also includes information on the returns of the market index and risk free asset over the same period. If you had invested in the market portfolio and the risk free asset in such a way as to match the beta of Hot Rize, then what return would you have earned? (Enter your answer in percentage form rounded to one decimal place.)