You are considering buying a share of preferred stock which you plan to hold $$forever$.$ It has a $6\mathrm{.}25\%$ annual dividend, $$21\mathrm{.}62$ par value and you require $10\mathrm{.}83\%$ return. What is the maximum price you should pay for a share of this preferred stock?

Enter your answer as a number with four decimal places and without the currency symbol. For example, if your answer is $$90\mathrm{.}1234,$ enter $90\mathrm{.}1234$