A stock just paid $$3\mathrm{.}8$ dividend yesterday. The dividend is expected to grow at $2\mathrm{.}7\%$ per year thereafter. If the beta of the stock is $1\mathrm{.}2,$ risk$-$free rate is $4\%,$ and the market risk premium is $6\%,$ then using the dividend discount model, the stock price should be $\_\_\_\_\_\_\_.($Round your answer to two decimal places, such as $12\mathrm{.}34)$