Assume Highline Company has just paid an annual dividend of $$0\mathrm{.}96.$ Analysts are predicting an $11\mathrm{.}6\%$ per year growth rate in earnings over the next five years. After then, Highline's earnings are expected to grow at the current industry average of $5\mathrm{.}6\%$ per year. If Highline's equity cost of capital is $8\mathrm{.}5\%$ per year and its dividend payout ratio remains constant, for what price does the dividend$-$discount model predict Highline stock should sell?

The value of Highline's stock is $

$($Round to the nearest cent.$)$