Antiques 'R' Us is a mature manufacturing firm. The company just paid a $11.50 dividend, but management expects to reduce the payout by 5.00 percent per year, indefinitely. Required: If you require a 10 percent return on this stock, what will you pay for a share today? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16).) Current share price $