You are thinking of buying a stock that has just made an annual dividend of $44\mathrm{.}78$$$.$ Given that you believe the appropriate cost of capital $($discount rate$)$ is $14\mathrm{.}3\%$ p$.$a$.($per annum$)$ and that you believe the dividend will grow $2\mathrm{.}9\%$ p$.$a$.,$ what is the maximum price you should bid for this stock?