You are trying to value a firm that will pay dividends.This firm doesn't current pay a dividend, but has announced that it will start paying a dividend of $20 per share exactly 1 year from now.It has also announced that it will then pay dividends every6 monthsinto forever.However, this is a dying industry, so you expect subsequent dividends to DECREASE at a rate of 3.6% APR, compounded monthly, into perpetuity.What would be your estimate for the price per share of this stock?Your discount rate on the stock is 16.0% APR, compounded annually.Round your answer to the nearest penny.