Antiques 'R' Us is a mature manufacturing firm. The company just paid a $12.10 dividend, but management expects to reduce the payout by 4.50 percent per year, indefinitely. Required: If you require a 11 percent return on this stock, what will you pay for a share today? (Do not include the dollar sign ($). Round your answer to 2 decimal places (e.g., 32.16).) Current share price