You expect KT industries (KTI) wal have eamings per share of $4.8 this year and expect that they will pay out $1.52 of these earnings to shareholders in the form of a dividend. KTrs retum on new investments is 10%, and their equity cost of capital is 16% KTis dindend growh rate is 4 (Round to two decimal places) II KTis dividend growth tate wil remain conatant, and KTrs next year dividend is $1.62. Then KTr's current stock price should be $ (Round to two decimal places)