An analyst is project future dividends for Harper and Trout Incorporated. The dividends for the next four quarters are shown below:

QUARTER

$1$

$2$

$3$

$4$

Dividend

$$0\mathrm{.}30$

$$0\mathrm{.}30$

$$0\mathrm{.}30$

$$0\mathrm{.}30$

The analyst expects dividends will grow $4\mathrm{.}00\%$ APR going forward. The analyst assigns a required return of $9\mathrm{.}00\%$ APR for Harper and Trout stock. What is the intrinsic value of the stock today based on these assumptions?

Answer format: Currency: Round to: $2$ decimal places.