ABC. Inc just paid a dividend of $4.32. The dividends are expected to grow by 17% in Year 1, 19% in Year 2 and 7% in Year 3. After that, the dividends are expected to grow by 7% each year. If the required rate of return is 11%, what is today's price of the stock? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box