Company Z-prime’s earnings and dividends per share are expected to grow by 4% a year. Its growth will stop after year 4. In year 5 and afterward, it will pay out all earnings as dividends. Assume next...

Company Z-prime’s earnings and dividends per share are expected to grow by 4% a year. Its growth will stop after year 4. In year 5 and afterward, it will pay out all earnings as dividends. Assume next year’s dividend is $4, the market capitalization rate is 14% and next year’s EPS is $9. What is Z-prime’s stock price?(Do not round intermediate calculations. Round your answer to 2 decimal places.)