You are considering investing your money in stock ABC for one year. You expect to receive $1.03 in dividends and $34.27 from the sale of the stock at the end of the investment period. If you want to earn a 15% return from this investment, what is the highest price you would pay for the stock today? (Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) The maximum price you would pay for the stock today is $