A company just paid an annual dividend of $0.58. Dividends are expected to grow by 25% in 1 year, 20% in the second year, and 15% in the third year. After that, dividends are expected to continue to grow at an annual rate of 8% indefinitely.

If the market's required rate of return on this stock is 17% per year. What is the current price per share?

[Keep AT LEAST 4 decimal place on ALL intermediate steps. Round your final answer to 2 decimal places, expressed in dollars and cents (ie $12.34)]