ABC Company has just paid $2.3 of dividend (Do). The firm will experience supernormal growth of 30% in the next 3 years and then return to its constant growth rate of 7.23%. If the required return on common stock is 16%, what should the price of the stock be? Round your answer to two decimal places of dollar, but do not include $ sign in your answer, e.g., xx.xx. (Hint: Use the super-normal/non-constant dividend growth model and make sure to include the present value of P3.)