ABC Inc., is expected to pay an annual dividend of $5.1 per share next year. The required return is 19.2 percent and the growth rate is 7 percent. What is the expected value of this stock five years...

ABC Inc., is expected to pay an annual dividend of $5.1 per share next year. The required return is 19.2 percent and the growth rate is 7 percent. What is the expected value of this stock five years from now?

Note: Enter your answer rounded off to two decimal points.
Do not enter $ or comma in the answer box. For example, if your answer is
$12.345 then enter as 12.35 in the answer box.